Home Retail Raymond Q3 profit up 30 pc to Rs 40 crore

Raymond Q3 profit up 30 pc to Rs 40 crore

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Diversified Group Wednesday reported an increase of 30 percent in consolidated net profit at Rs 39.95 crore for the third quarter ended December 2018.The company had posted a net profit of Rs 30.71 crore in October-December period a year ago, said in a BSE filing.

Raymond Q3 profit up 30 pc to Rs 40 crore
Revenue from shirting was at 159.25 crore as against Rs 149.34 crore in October-December 2017-18

According to a PTI report: Total income during the reported period stood at Rs 1,705.68 crore, registering an increase of 12.69 percent from the December quarter of 2017-18.

Raymond’s total expenses were at Rs 1,639.03 crore as against Rs 1,471.38 crore in the year-ago period.

Revenue from the textile segment stood at Rs 847.73 crore, up 10.32 percent from Rs 768.38 crore earlier.

Revenue from shirting was at 159.25 crore as against Rs 149.34 crore in October-December 2017-18.

While apparel segment was up 19.62 percent to Rs 396.94 crore, garmenting saw a revenue of Rs 184.66 crore, a rise of 13.65 per cent from the year-ago period.

The company’s tools and hardware segment reported a revenue of Rs 99.94 crore in the reported quarter. Auto Components’ revenue was at Rs 64.04 crore.