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Raymond consolidated net profit rises 366.45% in the March 2022 quarter

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Sales rise 43.38% to Rs 1958.10 crore

Net profit of Raymond rose 366.45% to Rs 263.31 crore in the quarter ended March 2022 as against Rs 56.45 crore during the previous quarter ended March 2021. Sales rose 43.38% to Rs 1958.10 crore in the quarter ended March 2022 as against Rs 1365.66 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 260.35 crore in the year ended March 2022 as against net loss of Rs 297.04 crore during the previous year ended March 2021. Sales rose 79.27% to Rs 6178.51 crore in the year ended March 2022 as against Rs 3446.47 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1958.101365.66 43 6178.513446.47 79 OPM %14.5211.34 -11.41-2.20 - PBDT302.73148.47 104 646.57-150.38 LP PBT243.6377.75 213 406.78-464.56 LP NP263.3156.45 366 260.35-297.04 LP

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First Published: May 17 2022 | 8:12 AM IST

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