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Raymond Q1 Profit Drops to Rs 21 Crore, Revenue Rises 16% Business

Raymond Q1 Profit Drops to Rs 21 Crore, Revenue Rises 16%

Short2News· 3mo ago ·39 reads

Raymond reported its first-quarter financial results, showing a profit decline to Rs 21 crore due to a high base from the previous year. However, revenue from operations grew by 15.5% to reach Rs 605.6 crore. This performance reflects a mixed trend of growing sales despite lower net profits for the company.

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