Raymond Q4 Results: Net Loss at Rs. 69.10 Crores

Raymond Q4 Results: Net Loss at Rs. 69.10 Crores

Raymond Q4 Results: Net Loss at Rs. 69.10 Crores

New Delhi: To begin with, the textile company Raymond Limited had posted its Q4 results on June 29th. Certainly, the net loss of the company stood at Rs. 69.10 crores in the March 2020 quarter. 

Earlier, during the January-March quarter of the previous year, the company had reported a net profit of Rs. 67.70 crores. 

Besides, the revenue from the operations declined by 29.30% to Rs. 1,278.65 crores during the quarter under review. Comparatively, in the previous quarter, it stood at Rs. 1,808.71 crores. 

On the other hand, the net profit of the company increased by 15.44% to Rs. 201.76 crores as compared to Rs. 174.77 crores in 2019. 

Also, the revenue from operations dropped by 1.51% to Rs. 6,482.37 crores in 2020 as against Rs. 6,582.28 crores in 2019. 

July 3rd Stock Market Details: 

Yesterday, both the Sensex and the Nifty had traded with a bullish trend in the stock market. The Sensex traded with a profit of 152.88 points and reached 35,994.25 levels with a 0.42% gain. On the other side, the Nifty traded high with 49.90 points at 10,599.60 level with a 0.47% gain. 

Besides, as of July 4th, the number of confirmed COVID-19 cases across India has reached 6,48,315. Also, the number of deaths in the country has reached 18,655. 

In the border market yesterday, the S&P BSE Midcap index gained 98.78 points with a 0.75% rise and reached a 13,314.52 level. Also, the S&P BSE Smallcap index gained 75.17 points with a 0.60% rise and reached a 12,618.51 level. At the same time, the Nifty Bank lost 96.00 points with a 0.44% fall and reached 21,848.40 level. 

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