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Raymond reported an 18% rise in fourth-quarter profit on Friday, buoyed by strong demand for its real-estate segment. Its revenue from operations rose 21% in the quarter.
Raymond Realty: Raymond's net consolidated total income stood at Rs 2,450.32 crore in Q3 FY24, a growth of 11.40 per cent from Rs 2,199.53 crore it registered in the similar quarter last year.
Raymond Realty: Raymond's real estate business recorded a total booking value of over Rs 650 crore and sales performance of Rs 243 crore in Q2 FY24. The segment witnessed revenue of Rs 242.59 crore and profit before tax of Rs 44.41 crore during the said quarter.