Raymond Q4 net profit up at Rs 67.70 crore

Mumbai: Diversified group Raymond reported a 24.26 percent increase in its consolidated net profit at Rs 67.70 crore for the fourth quarter ended March 31, 2019. It had posted a net profit of Rs 54.48 crore in the corresponding quarter a year ago, Raymond said in a statement.

Total income during the quarter under review stood at Rs 1,837.11 crore as against Rs 1,655.12 crore in the same quarter of the previous fiscal. For the financial year ended March 31, 2019 Raymond’snet profit was up 23.47 percent at Rs 174.77 crore as against Rs 141.55 crore in 2017-18.

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