Raymond declines on reporting 89% fall in Q3 consolidated net profit

10 Feb 2021

Raymond is currently trading at Rs. 332.75, down by 8.50 points or 2.49% from its previous closing of Rs. 341.25 on the BSE.

The scrip opened at Rs. 335.70 and has touched a high and low of Rs. 338.80 and Rs. 327.30 respectively. So far 58446 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 651.25 on 11-Feb-2020 and a 52 week low of Rs. 209.50 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 352.10 and Rs. 327.30 respectively. The current market cap of the company is Rs. 2210.25 crore.

The promoters holding in the company stood at 48.27%, while Institutions and Non-Institutions held 10.76% and 40.98% respectively.

Raymond has reported a fall of 76.04% in its net profit at Rs 7.93 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 33.09 crore for the same quarter in the previous year. Total income of the company decreased by 25.94% at Rs 712.40 crore for Q3FY21 as compared Rs 961.96 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 88.89% in its net profit attributable to owners at Rs 21.69 crore for the quarter ended December 31, 2020 as compared to net profit at Rs 195.28 crore for the same quarter in the previous year. Total income of the company decreased by 32.46% at Rs 1286.46 crore for Q3FY21 as compared Rs 1904.72 crore for the corresponding quarter previous year.

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361.00 3.35 (0.94%) May 18, 15:45
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