Raymond disclosed a steep drop in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 26.18% to Rs 681.20 million from Rs 922.80 million in the same quarter last year.
Net sales for the quarter rose 19.08% to Rs 14,607.40 million, compared with Rs 12,267 million for the prior year period.
Earnings per share for the quarter stood at Rs 11.10, registering 26.15% decline over previous year period.
Quarterly Results - consolidated (Rs in mn) |
As at | Sep - 14 | Sep - 13 | %Change |
Net Sales | 14,607.40 | 12,267.00 | 19.08 |
Net Profit | 681.20 | 922.80 | (26.18) |
Basic EPS | 11.10 | 15.03 | (26.15) |
Shares of the company declined Rs 14.8, or 2.94%, to settle at Rs 488.45. The total volume of shares traded was 122,290 at the BSE (Wednesday).