Implementing Cisco Connected Physical Security 2 exam Dumps

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Raymond Q1 internet loss at Rs 157 cr; salary from operations at Rs 826 cr

New Delhi, Jul 29 (PTI) Raymond Ltd on Thursday mentioned a consolidated web loss of Rs 157.10 crore for the quarter ended June 2021.

The enterprise had posted a web loss of Rs 247.60 crore during the April-June quarter of the old fiscal, Raymond mentioned in a regulatory submitting.

despite the fact, its revenue from operation rose over four-fold to Rs 825.70 crore as in opposition t Rs 163.16 crore within the corresponding duration of the outdated fiscal.

total fees in Q1 FY 2021-22 were at Rs 971.06 crore, up seventy eight.fifty four per cent over Rs 543.87 crore prior.

Raymond Chairman and Managing Director Gautam Hari Singhania observed, 'The quarter passed by become a tough one as it became severely impacted by way of the 2d wave of pandemic. besides the fact that children, we have been capable of tackle the situation enhanced with past learnings and closed the quarter with better revenues.' The customer sentiments had been considered fine throughout the month of June with higher number of marriage ceremony dates, he added.

Raymond changed into additionally in a position to preserve potent ecocnomic momentum in the engineering company as it focused on exports as the home market became impacted as a result of lockdown, he stated.

'With vaccination drive gaining pace, we are cautiously optimistic of client demand identifying up with upcoming pageant and wedding season,' Singhania delivered.

Shares of Raymond Ltd settled at Rs 453.forty on BSE, down 2.66 per cent from the old close. PTI KRH KRH ABM ABM


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