Raymond Q3 Results: Date, Time, Earnings Call Details, Share Price History And More

Textile major Raymond Ltd. is set to announce its Q3 results this week. The company, which underwent a demerger last year, confirmed the date for declaring Q3 earnings in a filing on Jan. 16. 

The company demerged its real estate business into a new entity, Raymond Realty Ltd., last year to tap into the growth opportunities in the segment. 

Raymond Ltd. incorporated originally in 1925 is the largest integrated textile company in the world in the world, its website mentioned. It has a total market cap of around Rs 9,816 crore. The Raymond Group also has a presence in the engineering space, dealing in precision-engineered products in national as well as international markets.

Here is everything you need to know about Raymond's Q3 results.

Raymond Ltd. in an exchange filing on Jan. 16 said that its board of directors will meet to discuss and approve the financial statements for December 2024 quarter on Jan. 29.

"This is to inform that a Meeting of the Board of Directors of Raymond Limited ('the Company') is scheduled to be held on Wednesday, January 29, 2025, inter alia, to consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the Quarter and nine months ended December 31, 2024 ("the Financial Results")," the notification read.

In compliance with SEBI regulations, the trading window for dealing in the securities of the company will remain closed for designated persons and their immediate relatives until 48 hours after the announcement of the results.

The company has also scheduled a group conference call for Thursday, Jan. 30 at 4 p.m.

Senior management team of Raymond will be represented by

• Mr. S L Pokharna – President, Corporate Commercial (Special Invitee)

• Mr. Amit Agarwal – Group Chief Financial Officer

• Mr. Harmohan Sahni– Executive Director & CEO, Realty Business

• Mr. Gautam Maini– CEO, Engineering Business

• Mr. Jatin Khanna– Head, Corporate Development

• Mr. Sunny Desa– Head, Investor Relations

Shares of Raymond Ltd. have dipped nearly 7% over the past five trading sessions while declining nearly 14% in over a month on NSE. The stock has declined more than 29% in six months while falling 17.19% in a year.

Raymond Ltd. posted a sharp 63% decline in its net profit for Q2 of the ongoing fiscal year. Net profit fell to Rs 59.01 crore in December 2024 quarter in comparison to Rs 161.16 crore in the year-ago period.

Total income for the September 2024 quarter, however, rose to Rs 1,100.7 crore in comparison to Rs 512.35 crore in the corresponding quarter of the previous fiscal.