+ Follow us On Google

New Delhi, Oct 29 (PTI) Raymond Lifestyle on Wednesday reported a two-fold increase in consolidated net profit to Rs 75.19 crore for the September quarter, helped by volume growth in its branded textile and branded apparel segments.

It had reported a net profit of Rs 42.18 crore for the July-September quarter a year ago, according to a regulatory filing by Raymond Lifestyle, a Raymond Group firm.

Its revenue from operations rose 7.26 per cent to Rs 1,832.4 crore in the September quarter. It was Rs 1,708.26 crore in the year-ago period.

“This strong result was primarily fuelled by an acceleration in domestic demand and consumption across India, which translated into significant volume growth within our core Branded Textile & Branded Apparel segments," said Raymon

See Full Page