Raymond reports marginal fall in Q3 consolidated net profit

22 Jan 2015

Raymond has reported results for third quarter ended December 31, 2014.

The company has registered 39.35% rise in its net profit after tax at Rs 45.61 crore for the quarter under review as compared to Rs 32.73 crore for the same quarter in the previous year. Total income of the company has increased 19.53% at Rs 729.91 crore for Q3FY15 as compared Rs 610.67 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit declined marginally by 1.44% to Rs 56.07 crore for the Q3 FY15 as compared to Rs 56.89 crore in Q3 FY14. However, the total income surged 13.92% to Rs 1396.26 crore in the quarter under review as compared to Rs 1225.56 crore in the corresponding quarter previous year.

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