Raymond Ltd Q3FY25; 61% fall in Profits

Raymond Limited incorporated in 1925 is a diversified group with interests in Textile & Apparel sectors as well as presence across diverse segments such as Real Estate, FMCG, Engineering in national and international markets 55+ Countries including the USA, Europe, Japan & Middle East. The Company has a retail network of 1,638 stores, including 1,589 stores in about 600 towns and cities in India and 49 overseas stores in nine countries. It is one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabric in the world.

Financial Results:

Raymond Ltd reported Revenues for Q3FY25 of ₹954.00 Crores up from ₹678.00 Crore year on year, a rise of 40.71%.

Total Expenses for Q3FY25 of ₹893.00 Crores up from ₹662.00 Crores year on year, a rise of 34.89%.

Consolidated Net Profit of ₹72.00 Crores down 61.08% from ₹185.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.83, down 60.69% from ₹27.55 in the same quarter of the previous year.