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Raymond reports 5% rise in Q2 consolidated net profit

26 Oct 2018 Evaluate

Raymond has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 45.86% in its net profit at Rs 33.42 crore for the quarter under review as compared to Rs 61.73 crore for the same quarter in the previous year. However, total income of the company increased by 15.63% at Rs 947.93 crore for Q2FY19 as compared Rs 819.81 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.92% in its net profit at Rs 62.89 crore for the quarter under review as compared to Rs 59.94 crore for the same quarter in the previous year. Total income of the company increased by 16.04% at Rs 1,875.70 crore for Q2FY19 as compared Rs 1,616.39 crore for the corresponding quarter previous year.

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