Raymond Ltd has announced the following audited results for the quarter & year ended March 31, 2006:
The Company has posted a net profit of Rs 348.10 million for the quarter ended March 31, 2006 (Q4 FY 05-06) as compared to Rs 444.30 million for the quarter ended March 31, 2005 (Q4 FY 04-05).
Total Income (net of excise) has increased from Rs 3333.10 million in Q4 FY 04-05 to Rs 4002.20 million for Q4 FY 05-06.
The Company has posted a net profit of Rs 1210.00 million for the year ended March 31, 2006 (FY 05-06) as compared to Rs 831.50 million for the year ended March 31, 2005 (FY 04-05). Total Income has increased from Rs 12090.40 million in FY 04-05 to Rs 13942.10 million for FY 05-06.
The Consolidated results are as follows
The group has posted a net profit of Rs 1360.30 million for the year ended March 31, 2006 (FY 05-06) as compared to Rs 906.00 million for the year ended March 31, 2005 (FY 04-05).
Total Income (net of excise) has increased from Rs 15069.90 million in FY 04-05 to Rs 17932.10 million for FY 05-06.
The Board has recommended a dividend of 50% on the Equity Share Capital for the year 2005-2006. The dividend if sanctioned by the shareholders, will be paid on or after June 26, 2006.
Further the Company has informed that the Register of Members & Share Transfer Books of the Company will remain closed from June 08, 2006 to June 23, 2006 for the purpose of payment of dividend & Eighty First Annual General Meeting of the Company to be held on June 23, 2006.
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