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Raymond reports around 5-fold jump in Q3 consolidated net profit

27 Jan 2022 Evaluate

Raymond has reported results for third quarter ended December 31, 2021.

The company has reported over 18-fold jump in its net profit at Rs 144.53 crore for the quarter under review as compared to Rs 7.93 crore for the same quarter in the previous year. Total income of the company increased by 70.71% at Rs 1,216.14 crore for Q3FY22 as compared Rs 712.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 5-fold jump in its net profit at Rs 101.47 crore for the quarter under review as compared to Rs 22.18 crore for the same quarter in the previous year. Total income of the company increased by 45.43% at Rs 1,870.88 crore for Q3FY22 as compared Rs 1,286.46 crore for the corresponding quarter previous year.

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