By Debdeep Gupta | 05 Nov, 2024
Raymond stock jumps 2% on stellar Q2 earnings driven by real estate, engineering gains
Shares of Raymond edged higher amid a weak market after the company reported a substantial rise in consolidated Q2 net profit, doubling year-on-year (YoY) to Rs 59 crore, driven by robust growth in its real estate and engineering businesses.The company's revenue from operations also more than doubled YoY to Rs 1,044.7 crore in Q4FY25, while EBITDA climbed 100 percent YoY to Rs 116 crore. The EBITD...
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Sanchi_Bullish_India 2022-08-26 18:36:31
Binny has sold wind mill asset for 36 crores during the quarter. This was acquired in MBL transaction. Should boost the Profit well.
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