Raymond Net Profit Doubles to ₹22 Crore in September Quarter
Raymond reported net profit attributable to owners of ₹22 crore, up from ₹11 crore a year earlier. Revenue rose to ₹655 crore from ₹528 crore, while overall expenses increased to ₹641 crore from ₹544 crore.
Raymond reported that its net profit (attributable to owners) in the September quarter doubled to ₹22 crore, up from ₹11 crore in the same period last year, on better realisation.Revenue rose 24 per cent to ₹655 crore (₹528 crore). Overall expenses were up at ₹641 crore (₹544 crore). EBITDA climbed…