Rajesh Exports retail brand posts record sales during Akshaya Tritiya

Rajesh Exports Ltd. | Diamond & Jewellery | Consumer Durables | BSE: 531500 | NSE: RAJESHEXPO

02 May 2012 Evaluate

Rajesh Exports (REL) - retail brand - SHUBH Jewellers has posted record retail sales during Akshaya Tritiya. During the festive day of Akshaya Tritiya the 80 retail stores of SHUBH Jewellers recorded sales in excess of Rs 52 crore, wherein more than 178 kilos of jewellery was sold in a retail area of about 53,900 square feet. During the day there was a footfall of 11,415 customers and 10,573 conversions were recorded with a sale of 19,668 pieces of Jewellery.

SHUBH Jewellers on a consolidated basis has recorded an increase of 89% over sales during the same period last year and has recorded an increase of 78 % over the footfalls recorded during the same period last year. With this performance during the festive season SHUBH Jewellers has clearly emerged as the largest and the most preferred retail jeweller in South India.

SHUBH is currently offering to the retail consumers 100% hallmarked jewellery of the finest designs at the lowest prices in the world, which has been made possible due to the incomparable backward integration strengths of REL. The response from the retail consumers of gold jewellery in Karnataka to SHUBH has been very encouraging, making SHUBH the most preferred and a household jeweller in Karnataka.

Rajesh Exports is manufacturer of gold and diamond jewellery. The company has its presence in entire jewellery cycle starting from refining of gold to marketing of jewellery. The company designs jewellery according to market trend and has a portfolio of 29,000 designs.