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Raymond consolidated net profit declines 40.09% in the March 2017 quarter

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Capital Market

Sales decline 2.50% to Rs 1473.60 crore

Net profit of Raymond declined 40.09% to Rs 33.68 crore in the quarter ended March 2017 as against Rs 56.22 crore during the previous quarter ended March 2016. Sales declined 2.50% to Rs 1473.60 crore in the quarter ended March 2017 as against Rs 1511.35 crore during the previous quarter ended March 2016. ParticularsQuarter EndedMar. 2017Mar. 2016% Var.Sales1473.601511.35 -2 OPM %8.1710.36 -PBDT103.08134.25 -23 PBT54.4190.18 -40 NP33.6856.22 -40

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First Published: May 02 2017 | 5:36 PM IST

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