Raymond reports over four fold jumps in Q3 consolidated net profit

23 Jan 2014

Raymond has reported results for third quarter ended December 31, 2013.

The company has reported a rise of over seven and a half fold in its net profit at Rs 32.73 crore for the quarter as compared to Rs 4.22 crore for the same quarter in the previous year. Total income from operations of the company has increased by 5.67% at Rs 589.78 crore for quarter under review as compared to Rs 558.11 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported a rise of over four fold in its net profit at Rs 56.89 crore for the quarter as compared to Rs 12.84 crore for the same quarter in the previous year. Total income from operations of the company has increased by 14.73% at Rs 1208.15 crore for quarter under review as compared to Rs 1053.03 crore for the quarter ended December 31, 2012.

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