Gautam Hari Singhania
Raymond Revamps Strategy: Targets Younger Consumers, Ups Casual Wear & Premium Segment
Brands Companies Finance News

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. […]

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Raymond's Net Profit Rises To Rs 1,065 Cr In Q1
Brands Fashion & Lifestyle News

Raymond Net Profit Decreases 5% YoY At Rs 95 Cr In Q3

Raymond on Wednesday reported a decline of 5 per cent year-on-year (YoY) net profit at Rs 95 crore  in the quarter ended on 31 December ,compared to the same quarter in the previous financial year at 100 crore , according to the company’s regulatory filing. Its revenue from operations grew by 18 per cent YoY […]

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Electronics Feature News Sector

Budget 2023 Brings Sigh Of Relief For Common Man: Indian Retailers

The Finance Minister Nirmala Sitharman unveiled the Union Budget 2023-24 on Wednesday, which analysts believe offers something for everyone. The retail industry praises it as a pro-growth, common man’s budget. According to industry experts, the Budget would raise customers’ discretionary money, improve the ease of doing business and infrastructure development, and promote a good industry […]

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