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Raymond share price gains 5% as Q2 profit more than doubles; details here

Business Standard LogoBusiness Standard2w ago

Raymond share price gains 5% as Q2 profit more than doubles; details here - Business Standard

Quick Summary:

At the operating levels, earnings before interest, tax, depreciation and amortisation, soared to Rs 116 crore in Q2FY25, from Rs 55.8 crore in Q2FY24.

Ebitda margin, however, squeezed 80 basis points to 11.1 per cent in the September quarter of FY25, from 11.9 per cent in the September quarter of FY24.

Raymond share price: Shares of apparel maker Raymond soared up to 4.51 per cent to hit an intraday high of Rs 1,762.30 per share on Tuesday, November 05, 2024.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 10:07:13 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23422450

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 187 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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