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Raymond Ltd on Tuesday reported an 88.7 per cent plunge in its consolidated net profit to Rs 22.18 crore for the quarter ending December 2020. The company had posted a net profit of Rs 196.83 crore during the October-December period of the previous fiscal, Raymond said in a regulatory filing. Its revenue from operations was down 34.1 per cent to Rs 1,243.44 crore during the quarter under review as against Rs 1,885.43 crore in the corresponding period of the previous fiscal. Commenting on the results, Raymond Chairman & Managing Director Gautam Hari Singhania said: With markets and channels opening up and consumer sentiments getting back on track, we are seeing demand for our products & services getting better on a quarter on quarter basis and our sustained focus on operational efficiencies has yielded in a profitable quarter.

Gautam hari singhaniaRaymond ltd onRaymond ltdRaymond chairmanManaging director gautam hari singhaniaEngineering businessesReal estateFashion retailersRaymond third quarter profitRaymond consolidated net profitகௌதம் ஹரி சிங்கானியாரேமஂட் லிமிடெட் ஆன்ரேமஂட் லிமிடெட்ரேமஂட் தலைவர்நிர்வகித்தல் இயக்குனர் கௌதம் ஹரி சிங்கானியாபொறியியல் வணிகங்கள்