The firm experienced posted a web income of Rs sixty seven.70 crore in the course of January-March quarter of the previous fiscal, Raymond reported in a regulatory filing.
Revenue from functions fell 29.thirty for each cent to Rs one,278.sixty five crore in the course of the quarter underneath critique as against Rs one,808.seventy one crore in the corresponding interval of the previous fiscal.
“The Authorities of India experienced declared a lockdown on March 24, 2020 which experienced impacted the standard business functions of the team, its associates and joint ventures,” the firm reported.
Raymond’s overall expenditures declined seventeen.21 for each cent to Rs one,442.eighty crore in This autumn of 2019-20 as against Rs one,742.79 crore a 12 months in the past.
Revenue