Raymond declared their Q3 FY24 results on 01 Feb, 2024. The topline increased by 10.05% & the profit increased by 93.48% YoY.
As compared to the previous quarter, the revenue grew by 5.89% and the profit increased by 14.85%.
The Selling, general & administrative expenses rose by 2.6% q-o-q & increased by 11.26% Y-o-Y.
The operating income was up by 28.89% q-o-q & increased by 13.56% Y-o-Y.
The EPS is ₹27.57 for Q3 FY24 which increased by 89.37% Y-o-Y.
Raymond has delivered 0.46% return in the last 1 week, -6.18% return in the last 6 months, and 2.84% YTD return.
Currently, Raymond has a market cap of ₹11,793.25 Cr and a 52wk high/low of ₹2,240 & ₹1,101 respectively.
As of 03 Feb, 2024, out of 6 analysts covering the company, 1 analyst has given a Hold rating & 5 analysts have given a Strong Buy rating.
The consensus recommendation as of 03 Feb, 2024, was to Strong Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2386.16 | 2253.4 | +5.89% | 2168.16 | +10.05% |
| Selling/ General/ Admin Expenses Total | 291.19 | 283.82 | +2.6% | 261.73 | +11.26% |
| Depreciation/ Amortization | 70.3 | 65.37 | +7.54% | 57.84 | +21.54% |
| Total Operating Expense | 2094.53 | 2027.14 | +3.32% | 1911.36 | +9.58% |
| Operating Income | 291.63 | 226.26 | +28.89% | 256.8 | +13.56% |
| Net Income Before Taxes | 248 | 211.89 | +17.04% | 212.66 | +16.62% |
| Net Income | 183.5 | 159.78 | +14.85% | 94.84 | +93.48% |
| Diluted Normalized EPS | 27.57 | 26.64 | +3.5% | 14.56 | +89.37% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹183.5Cr
Question : What is Q3 FY24 revenue?
Ans : ₹2386.16Cr
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Published: 03 Feb 2024, 02:43 AM IST