Raymond Q3 profit up 30 pc to Rs 40 cr

Press Trust of India  |  New Delhi 

Diversified Group Wednesday reported an increase of 30 per cent 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 filing.

Total during the reported period stood at Rs 1,705.68 crore, registering an increase of 12.69 per cent 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.

from the textile segment stood at Rs 847.73 crore, up 10.32 per cent from Rs 768.38 crore earlier.

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 per cent to Rs 396.94 crore, garmenting saw a of Rs 184.66 crore, a rise of 13.65 per cent from the year-ago period.

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

Shares of were trading at Rs 820.45 per scrip on BSE, up 0.90 per cent from the previous close.

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First Published: Wed, January 23 2019. 14:45 IST