Friday, November 8, 2024

Raymond

Raymond Lifestyle sees 69.72% drop in Q2 FY25 net profit due to inflation

Fashion
Raymond Lifestyle registered a 69.72% drop in consolidated net profit to INR 42.18 crore for the second quarter ending September 2024, due to weak demand and high inflation. Raymond’s revenue from operations drops to INR 1,708.26 cr According...

Raymond Lifestyle targets 900 new outlets over next three years

Industry
Raymond Lifestyle Ltd is scheduled to list on the stock exchanges on September 5 and is targeting the addition of 900 new outlets within the next three years. After the demerger of its retail and lifestyle businesses,...

Raymond Lifestyle to add 900 stores in 3 years, eyes 12-15% sales growth

News
Raymond Lifestyle is planning to add 900 new stores over the next three years, with expectations of 12-15% annual sales growth and 18-20% operating...

Raymond Lifestyle appoints Rajiv Sharma as non-executive director

News
Raymond Lifestyle has appointed Rajiv Sharma as a Non-Executive Director, further expanding its Board of Directors. Raymond Pla͏ns Raymond Lifestyle List͏i͏ng: The a͏ppointm͏ent al͏igns with Ra͏ymo͏n͏d’s͏...

Raymond reports 27% rise in Q1 net profit to INR 57.04 Cr

News
Raymond Ltd, a div͏e͏rsified gro͏͏up,͏ has repo͏r͏͏ted a 26.͏7͏% inc͏r͏ease i͏n͏ consoli͏dat͏͏e͏͏d͏ net ͏profit ͏from conti͏n͏u͏ing ͏op͏e͏ratio͏ns͏͏, re͏achi͏n͏g I͏NR 57.͏04 cr͏ore ͏fo͏r͏ t͏͏he fir͏st...

Raymond’s consumer care sales dip 18% under new owner Godrej Consumer Products

News
Raymond's consumer care business reported an 18% decline in sales under͏ ͏its͏ new͏ owner, Godrej Consumer Products (GCLP), which acquired the company last͏ year. In...

Raymond to expand ‘Ethnix by Raymond’ with over 100 new stores in FY25

News
Raymond, a pr͏om͏inent text͏ile and͏ fabric m͏anufactur͏e͏r, pla͏ns to͏ exp͏and its ethnic wear brand 'Ethnix by Raymond' by o͏pening more t͏han͏ 100 n͏ew sto͏res,...

Ethnix by Raymond charts aggressive expansion, targets 250 stores across India by fiscal year end

News
Ethnix by Raymond, a brand specializing in ethnic wear, is on a trajectory for rapid expansion, aiming to significantly boost its retail presence to...

Raymond Ltd’s Q4 profit after tax surges 18% to INR 229 Crore

News
Raymond Ltd reported a notable 18 percent increase in its consolidated profit after tax, reaching INR 229 crore for the fourth quarter ended March...

Raymond re-appoints Gautam Hari Singhania as Managing Director

News
Raymond has announced the re-appointment of Gautam Hari Singhania as the company's managing director for a five-year term starting from July 1, 2024, according...

Men’s ethnic wedding wear demand surges: Sherwanis lead the trend as sales jump by 25%

News
The men's fashion scene is currently buzzing with the trio of 'band, baja, and sherwani'. Over the past three years, sales of traditional wedding...

Raymond Group’s Q3 profits surge, nearly doubling to INR 185 Crore amidst strong segment performances

News
Raymond, a diversified group, reported a nearly twofold increase in its consolidated net profit for the December quarter of Financial Year 2024, reaching INR...

Raymond redefines retail with its largest ‘The Raymond Shop’ in India

News
Raymond, the renowned Indian menswear fashion retailer, has unveiled its largest The Raymond Shop in the country. The expansive store, spanning 22,500 square feet...

Raymond-Godrej FMCG deal faces DGGI scrutiny over GST implications

News
The Directorate General of GST Intelligence (DGGI) is currently investigating a recent transaction where Raymond transferred its consumer goods division to a unit under...

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