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Gautam Hari Singhania

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Raymond Q3 profit down 4.4 pc to Rs 97 cr; income up 17.6 pc to Rs 2,168 cr

Nehal Gautam -
Its revenue from operations rose 17.61 per cent to Rs 2,168.16 crore during the quarter under review, as against Rs 1,843.39 crore in the year-ago period New Delhi: Raymond Ltd on Wednesday reported a decline of 4.42 per cent in...
Fashion

Raymond Q3 net profit falls 89% to Rs 22 crore

Indiaretailing Bureau -
Raymond Ltd on Tuesday reported an 88.7 per cent plunge in its consolidated net profit to Rs 22.18 crore for the quarter ending December 2020. The company had posted a net profit of Rs 196.83 crore during the October-December period of the previous fiscal, Raymond...
Fashion & Lifestyle

Raymond CMD cautiously optimistic about recovery amid pandemic

Indiaretailing Bureau -
Raymond is "cautiously optimistic" about recovery amid the COVID-19 pandemic, its Chairman and Managing Director Gautam Hari Singhania has said. Looking at the 2020-21 fiscal as a "total washout", the group expects this fiscal to end on a flat note in...
Fashion

Raymond Q1 net loss widens to Rs 247.60 crore

Indiaretailing Bureau -
Raymond Ltd on Monday reported widening of its consolidated net loss to Rs 247.60 crore in the first quarter ended June 2020, impacted by COVID-19 and subsequent lockdowns. The company had a net loss of Rs 12.20 crore during the...
Fashion

'Be Indian, Buy Indian' will help revive local consumption: Gautam Singhania

IANS -
"I strongly believe in ‘Be Indian and Buy Indian’, and I think each one should make a conscious decision to buy products made in our country," said Gautam Hari Singhania, Chairman and Managing Director, Raymond Limited, India's largest textile...
Retail

Raymond's CEO for lifestyle business steps down

Indiaretailing Bureau -
Sanjay Behl, Chief Executive Officer for lifestyle business at fashion and textile retailer Raymond Ltd, has decided to step down from his current role after serving for seven years. "This development is a natural transition as we are in the...
Fashion

‘Raymond brand’ to remain with new demerged lifestyle firm

Indiaretailing Bureau -
Textile player Raymond on Monday said ownership of Raymond brand will remain with the demerged new lifestyle company. The company had earlier announced hiving off the consumer and lifestyle businesses into a separate entity. "Raymond consulted with industry and financial...
Fashion

Raymond hives off lifestyle business

IANS -
Raymond on Thursday said it would hive off and list its core lifestyle business as a separate entity. It plans to list the new entity through the ‘mirror shareholding structure’ whereby shareholders of Raymond will be issued shares of new...
Retail

Raymond Q2 net up 4.7 pc to Rs 65.20 cr

Indiaretailing Bureau -
Diversified group Raymond Thursday reported a 4.75 percent increase in consolidated net profit to Rs 65.20 crore for the second quarter ended September 2018. The company had posted a net profit of Rs 62.24 crore in the July-September period...
Fashion & Lifestyle

Raymond reports Q3 net profit at Rs 31 crore

Indiaretailing Bureau -
Textile major Raymond has reported a consolidated net profit at Rs 30.71 crore for the quarter ended December 2017. The company had posted a net loss of Rs 14.69 crore during the October-December quarter of the previous fiscal, Raymond Ltd said in a regulatory filing...
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Home Decor & FurnishingNehal Gautam -

Rise of the Sleep industry in India

Sleep solutions business in India is witnessing growth, thanks to Indians waking up to the importance of good slumber Mumbai: The...
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