Jewellery & Precious Metals

Recent filings highlight a mixed picture for the jewellery sector, with both growth and ongoing challenges. Rajesh Exports reported a substantial 84% increase in consolidated revenue for FY26, underpinned by a strong cash position and global retail expansion, though the company continues to navigate ongoing regulatory investigations and tax disputes. Meanwhile, Lexoraa Industries demonstrated a significant turnaround, posting a net profit after a previous loss, and approved a sizable rights issue to support future growth. These developments underscore the sector’s potential for recovery and expansion, but also the importance of managing regulatory risks and maintaining financial discipline.