*Raymond Ltd.* | *CMP* Rs. 458 | *M Cap* Rs. 3049 Cr | *52 W H/L* 487/268
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 1551.3 Cr (87.9% QoQ, 130.1% YoY) vs QoQ Rs. 825.7 Cr, YoY Rs. 674.2 Cr
EBIDTA came at Rs. 180.9 Cr (-714% QoQ, -264.5% YoY) vs QoQ Rs. -29.5 Cr, YoY Rs. -109.9 Cr
EBITDA Margin came at 11.7% vs QoQ -3.6%, YoY -16.3%
Adj. PAT came at Rs. 61.2 Cr vs QoQ Rs. -113.5 Cr, YoY Rs. -133 Cr
Quarter EPS is Rs. 9.2
Share is trading at P/E of 17x FY23E EPS