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Gautam Hari Singhania

Raymond hives off lifestyle business

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...

Raymond Q2 net up 4.7 pc to Rs 65.20 cr

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...

Raymond reports Q3 net profit at Rs 31 crore

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...

Raymond launches Rs 250 crore linen manufacturing plant in Maharashtra

Textile major Raymond has launched its first ever Rs 250 crore linen manufacturing plant at Amravati that will cater to the company's own brands, domestic and international markets. According to a PTI report: The facility is expected to produce 1,200...

Raymond FMCG business to expand with 'One Park Avenue'

Raymond Group, the leading manufacturer, marketer and retailer of worsted suiting fabrics and ready-to wear apparel, has announced 'One Park Avenue', a customer facing initiative for Park Avenue's range of men's grooming products. Resonating with the confident young male of...

Raymond reports two-fold rise in PAT at Rs 60 crore

Textile and apparel major Raymond Ltd has reported over two-fold rise in its consolidated profit after tax (PAT) at Rs 60 crore for the second quarter ended September 30. The company had posted PAT of Rs 25 crore during the...

Raymond launches ‘Khadi Wool’ with The Woolmark Company

Reaffirming its commitment to position Khadi as a fashionable fabric for the world, Raymond in association with The Woolmark Company has launched ‘Khadi Wool'. A first of its kind collection, this exquisite range of pure wool and wool blended fabric...

Raymond Q1 net loss narrows to Rs 5.87 crore

Diversified group Raymond has reported narrowing of its consolidated net loss at Rs 5.87 crore for the first quarter ended June. The company had posted a consolidated net loss of Rs 15.59 crore during April-June of the previous financial year,...

Raymond to invest Rs 1,400 cr in greenfield project in Amravati

Textile and apparels major Raymond will invest a total of Rs 1,400 crore in a phased manner in its new plant at Amravati in Maharashtra which will go on stream by this year-end. According to a PTI report: The company...

Raymond sets up Greenfield garment manufacturing facility in Africa

Silver Spark Apparel Ethiopia, a wholly owned subsidiary of Raymond, one of the leading manufacturer, marketer and retailer of worsted suiting fabrics and ready to wear apparel, has inaugurated its Greenfield garment manufacturing facility in Ethiopia. Set up at Hawassa Industrial Park...
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DLF Q3 net profit jumps 61% to Rs 1,059 cr, revenue rises to Rs 1,737 cr

Total income rose to Rs 1,737.47 crore in the third quarter of this fiscal from Rs 1,643.51 crore in...
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