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Raymond reports consolidated net profit of Rs 2 crore in Q1

01 Aug 2018 Evaluate

Raymond has reported results for first quarter ended June 30, 2018.

The company has reported net loss of Rs 13.28 crore for the quarter under review as compared to net loss of Rs 6.67 crore for the same quarter in the previous year. However, total income of the company increased by 2.31% at Rs 655.20 crore for Q1FY19 as compared Rs 640.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 2.00 crore for the quarter under review as compared to net loss of Rs 7.25 crore for the same quarter in the previous year. Total consolidated income of the company increased by 3.98% at Rs 1,289.16 crore for Q1FY19 as compared Rs 1,239.85 crore for the corresponding quarter previous year.

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