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The Economic Times
The Economic Times
Sakshi Kumari

Raymond Realty shares fall 8% as profitability takes a hit in Q1

Raymond Realty GS

Raymond Realty shares slipped nearly 8% on the BSE on Monday after the company's June-quarter earnings showed profit pressure from upfront project expenses, which overshadowed a 37% year-on-year rise in total income to Rs 536 crore.

Upfront project costs weigh on net profit

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