Apparel, Fashion & Retail | News & Insights

Results for Q1 from Raymond: Net profit more than doubles to Rs. 1,066.74 crore

Published: August 12, 2023
Author: TEXTILE VALUE CHAIN

The benefits from sales of its consumer business to Godrej Consumer Product Ltd (GCPL) enabled the diversified group Raymond Ltd post on Friday a multi-fold increase in its consolidated net profit at Rs 1,066.74 crore for the June quarter.

In a regulatory statement, Raymond stated that the top textile and apparel manufacturer had reported a net profit of Rs 81.93 crore from April to June of the previous year.

 

Related Posts

Exploring Serbian Endowments: A Closer Look at Local Trust Structures