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Raymond’s consolidated net loss narrows to Rs 157 crore in Q1

30 Jul 2021 Evaluate

Raymond has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 45.12 crore for the quarter under review as compared to net loss of Rs 118.83 crore for the same quarter in the previous year. Total income of the company reported above 6- fold jump at Rs 451.63 crore for Q1FY22 as compared Rs 68.29 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to owners at Rs 156.51 crore for the quarter under review as compared to net loss of Rs 242.15 crore for the same quarter in the previous year. Total income of the company reported above 3 -fold jump at Rs 862.08 crore for Q1FY22 as compared Rs 221.58 crore for the corresponding quarter previous year.

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