Raymond net profit at Rs 161 cr

New Delhi: Diversified group Raymond Ltd on Tuesday said its net profit was almost flat at Rs 161.16 crore in the second quarter ended September 2023. It had reported a net profit of Rs 161.95 crore in the July-September quarter a year ago, according to a regulatory filing from the leading textile and apparel maker. Its revenue from operations rose 3.92 per cent to Rs 2,253.40 crore during the quarter under review as against Rs 2,168.24 crore in the year-ago period. Total expenses of the Singhania family-controlled firm in the September quarter were at Rs 2,093.41 crore, up 7.12 per cent.