×
166
Fashion Jobs
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
Published
Jan 23, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Raymond Ltd reports Q3 net profit of Rs 195 crore

Published
Jan 23, 2020

Raymond Ltd reported a 420 percent rise in its net profit to Rs 195 crore ($27.5 million) for the third quarter ended December 2019, as against Rs 38 crore it had reported in the corresponding period of last fiscal.
 

Raymond Ltd reports Q3 net profit of Rs 195 crore - Raymond- Facebook


The company’s net sales for the October-December period also grew by 12 percent to Rs 1,905 crore as against Rs 1,706 crore it had reported in the year-ago period.
 
Branded textile segment was the highest contributor to the company’s overall revenue with Rs 866 crore followed by apparel and garments segments, which contributed Rs 488 crore and Rs 239 crore, respectively.

Commenting on the results, Gautam Hari Singhania, chairman & managing director of Raymond Limited in a statement said: "Domestic consumption continued to be sluggish coupled with liquidity crunch in the trade channels impacting profitable growth during the quarter. However, the company continued to consolidate its market share with topline growth. The quarter also witnessed the deleveraging of balance sheet with over Rs 400 crore primarily driven by the net proceeds of land sale.”
 
“With a focus on value creation, during the quarter we also announced the demerger of Lifestyle Business as a separate business entity. This move will enable us to have a focused strategy and specialization for sustained growth across our businesses,” he added.
 
Raymond Ltd ended the quarter with a store count of 1,584 across all formats covering about 2.44 million square-feet of retail space.

Copyright © 2022 FashionNetwork.com All rights reserved.