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Raymond reports 61% fall in Q3 consolidated net profit

29 Jan 2025 Evaluate

Raymond has reported results for third quarter ended December 31, 2024 (Q3FY25)

The company has reported 53.10% fall in net profit at Rs 75.55 crore for Q3FY25 as compared to Rs 161.10 crore for the same quarter in the previous year. Total income of the company decreased by 9.53% at Rs 445.74 crore for Q3FY25 as compared to Rs 492.67 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 61.01% fall in its net profit at Rs 72.28 crore for the quarter ended December 31, 2024 as compared to Rs 185.39 crore for the same quarter in the previous year. However, total income of the company increased by 35.55% at Rs 985.35 crore for Q3FY25 as compared to Rs 726.91 crore for the corresponding quarter previous year.

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