Announces Q3 results (Standalone & Consolidated), Limited Review Report (Standalone & Consolidated) & Results Press Release for the Quarter ended December 31, 2016

• Security Code: 500330
• Company: RAYMOND

Raymond Ltd has announced the following results for the quarter ended December 31, 2016:

The Un-audited Standalone results for the Quarter ended December 31, 2016

The Company has posted a net loss of Rs. (29.30) million for the quarter ended December 31, 2016 as compared to net profit of Rs. 347.80 million for the quarter ended December 31, 2015. Total Income has decreased from Rs. 8059.40 million for the quarter ended December 31, 2015 to Rs. 7331.30 million for the quarter ended December 31, 2016.

The Consolidated Results are as follows:

The Un-audited Consolidated results for the Quarter ended December 31, 2016

The Group has posted a net loss of Rs. (146.90) million for the quarter ended December 31, 2016 as compared to net profit of Rs. 390.80 million for the quarter ended December 31, 2015. Total Income has decreased from Rs. 14039.40 million for the quarter ended December 31, 2015 to Rs. 13307.10 million for the quarter ended December 31, 2016.