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BANGALORE: Rajesh Exports has posted a 114.47 per cent growth in net profit for the third quarter of 2005-06 to Rs 17.83 crore.

In a press release, the company said revenues for the quarter rose 46.25 per cent to Rs 1,294.85 crore. The increase in the revenues was because of substantial increase in exports, the statement said.

It said the rise in net profit during the third quarter was because of better margins compared with the same quarter last year. The statement said earnings per share for the third quarter grew 103.07 per cent over the corresponding period a year ago.

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