InvestorQ : Hi, I am a shareholder in Raymond and wanted to know about the latest profit number growth of the company in the March 2022 quarter?
Dia Deshpande made post

Hi, I am a shareholder in Raymond and wanted to know about the latest profit number growth of the company in the March 2022 quarter?

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swati Bakhda answered.
2 months ago
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For the fourth quarter ended March 2022, Raymond reported 43.4% growth in sales revenues at Rs1,958 crore. FY22 full year revenues were up 79.3% at Rs6,179 crore. For Q4FY22, Raymond gained from buoyant demand and strong consumer sentiments with the B2C segment showing solid impetus. Revenues from branded textiles grew 23%, branded apparel grew 59% and the revenues from garmenting business grew 69% yoy. Dividends for the year stood at 30%.

Raymond Ltd

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 1,958.10

₹ 1,365.66

43.38%

₹ 1,843.39

6.22%

Net Profit (Rs cr)

₹ 263.31

₹ 56.45

366.45%

₹ 100.28

162.57%

Diluted EPS (Rs)

₹ 39.55

₹ 8.48

₹ 15.06

Net Margins

13.45%

4.13%

5.44%

Net profit for Q4FY22 was sharply higher by 367% at Rs263.31 crore. Cost optimization helped to save Rs453 crore. In addition, there was inventory efficiency plus a tax credit of Rs132 crore, which more than compensated for the exceptional loss of Rs111 crore written off out of the trade receivables. Raymond reported net margins of 13.45% in Q4FY22 quarter compared to 4.13% in Q4FY21 and 5.44% in Q3FY22.

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