The integrated net profit of Raymond Limited, active in real estate and engineering business, increased by 75 percent to Rs 72.28 crore in the October-December quarter of the current financial year. The net profit of the company was Rs 41.35 crore in the same quarter of the last financial year.
In the information given to the stock market, Raymond said that its total income in the third quarter of the current financial year increased to Rs 985.35 crore, which was Rs 726.91 crore in the same quarter of the previous financial year. Mumbai -based Remond Limited is now involved in real estate and engineering business.
This does not include lifestyle business, which has been included in a separate listed unit Remond Lifestyle Limited. In the real estate section, the company’s sales booking price stood at Rs 505 crore during the December quarter.