Latest News | Raymond Q4 Net Profit Slips 40 Pc to Rs 137.47 Cr
Get latest articles and stories on Latest News at LatestLY. Raymond Ltd, which is in real estate and engineering businesses, on Monday reported a 40 per cent decline in its consolidated net profit to Rs 137.47 crore in the March 2025 quarter.
New Delhi, May 12 (PTI) Raymond Ltd, which is in real estate and engineering businesses, on Monday reported a 40 per cent decline in its consolidated net profit to Rs 137.47 crore in the March 2025 quarter.
Its net profit stood at Rs 229.79 crore in the year-ago period.
The total income rose to Rs 601.40 crore in the fourth quarter of 2024-25 from Rs 308.56 crore in the corresponding period of the preceding fiscal, according to a regulatory filing.
In the 2024-25 fiscal, the net profit rose to Rs 7,635.62 crore from Rs 1,643.07 crore a year ago.
Its total income rose to Rs 2,105.24 crore in the last fiscal from Rs 1,137.17 crore in 2023-24.
Raymond Group has been a pioneer and leader in fabric manufacturing since 1925, and then forayed into other sectors such as engineering business and real estate.
After demerging its lifestyle business into a separate listed entity in the year 2024, Raymond Ltd now has two core businesses, real estate and engineering.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)