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