Raymond reports 24% rise in Q4 consolidated net profit | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / Raymond reports 24% rise in Q4 consolidated net profit

Raymond reports 24% rise in Q4 consolidated net profit

Raymond has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a rise of 21.57% in its net profit at Rs 27.11 crore for the quarter under review as compared to Rs 22.30 crore for the same quarter in the previous year. Total income of the company increased by 7% at Rs 917.66 crore for Q4FY19 as compared Rs 857.66 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 24.27% in its net profit at Rs 67.70 crore for the quarter under review as compared to Rs 54.48 crore for the same quarter in the previous year. Total income of the company increased by 11% at Rs 1,837.11 crore for Q4FY19 as compared Rs 1,655.12 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 24.73% in its net profit at Rs 73.82 crore as compared to Rs 98.08 crore for the previous year. However, total income of the company increased by 9.68% at Rs 3,440.52 crore for year under review as compared to Rs 3,136.79 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 23.47% in its net profit at Rs 174.77 crore as compared to Rs 141.55 crore for the previous year. Total income of the company increased by 11.33% at Rs 6,707.65 crore for year under review as compared to Rs 6,024.91 crore for year ended March 31, 2018.

Please share this news