Raymond announced that the Annual General Meeting (AGM) of the company will be held on 5 June 2019.

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Raymond announced that the Board of Directors of the Company at its meeting held on 30 April 2019, has recommended a Final dividend of Rs.3 per share (i.e.30%), subject to the approval of the shareholders.

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Net profit of Raymond rose 21.57% to Rs 27.11 crore in the quarter ended March 2019 as against Rs 22.30 crore during the previous quarter ended March 2018. Sales rose 5.48% to Rs 878.67 crore in the quarter ended March 2019 as against Rs 833.06 crore during the previous quarter ended March 2018.

For the full year,net profit declined 24.73% to Rs 73.82 crore in the year ended March 2019 as against Rs 98.08 crore during the previous year ended March 2018. Sales rose 8.79% to Rs 3276.39 crore in the year ended March 2019 as against Rs 3011.56 crore during the previous year ended March 2018.

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Net profit of Raymond rose 27.11% to Rs 67.51 crore in the quarter ended March 2019 as against Rs 53.11 crore during the previous quarter ended March 2018. Sales rose 10.97% to Rs 1808.71 crore in the quarter ended March 2019 as against Rs 1629.84 crore during the previous quarter ended March 2018.

For the full year,net profit rose 24.77% to Rs 167.98 crore in the year ended March 2019 as against Rs 134.63 crore during the previous year ended March 2018. Sales rose 11.44% to Rs 6582.28 crore in the year ended March 2019 as against Rs 5906.41 crore during the previous year ended March 2018.

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