Raymond has reported results for second quarter ended September 30, 2022.
The company has reported over 5-fold jump in its net profit at Rs 112.38 crore for Q2FY23 as compared to Rs 21.22 crore for the corresponding quarter previous year. Total income of the company increased by 49.19% to Rs 1,546.56 crore for the quarter under review as compared to Rs 1,036.62 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 161.95 crore for Q2FY23 as compared to Rs 56.15 crore for the same quarter in the previous year. Total income of the company increased by 38.38% to Rs 2,190.85 crore for the quarter under review as compared to Rs 1,583.26 crore for the same quarter in the previous year.
