MoneyWorks4Me

Raymond reports 28% fall in Q3 consolidated net profit

22 Jan 2016 Evaluate

Raymond has reported results for third quarter ended December 31, 2015.

The company has reported 17.58% fall in its net profit at Rs 37.59 crore for the quarter as compared to Rs 45.61 crore for the same quarter in the previous year. However, total income of the company has increased by 9.80% at Rs 801.46 crore for quarter under review as compared to Rs 729.91 crore for the quarter ended December 31, 2014.

On the consolidated basis, the group has reported 28.46% fall in its net profit at Rs 40.11 crore for the quarter ended December 31, 2015 as compared to Rs 56.07 crore for the same quarter in the previous year. However, total income of the company has increased by 7.98% at Rs 1507.63 crore for quarter under review as compared to Rs 1396.26 crore for the quarter ended December 31, 2014.

Peers
Company Name CMP
Bharat Heavy Elect. 427.60
Thermax 3231.40
Kirloskar Industries 3466.45
Skipper 539.95
INDO-MIM 1318.45
View more..