Raymond Doubles Q3 Profit As Branded Apparel & Real Estate Shine
Raymond reported a third-quarter profit rise on Thursday, as strong demand for its high-margin branded clothes and real estate offers outpaced cost increases. The company’s consolidated profit after tax nearly quadrupled to 1.84 billion rupees (USD 22 million) in the three months ended 31 December, according to an exchange filing. Following the results, the company’s shares rose 1 per cent. […]