INDIA: Raymond Q3 profit slides 74%
By Katie Smith | 24 January 2013
Indian textiles and apparel manufacturer Raymond Ltd has seen its third-quarter net profit plummet on the back of higher costs and a "challenging" trading environment - but said it remains confident in its outlook.
just-style articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
INDIA: Raymond FY profit plummets 82%
Indian textile and clothing manufacturer and retailer Raymond Ltd has seen its profit for the last financial year plummet 82%, blaming high inflation and interest rates, subdued market conditions, and efforts to consolidate its apparel business.
INDIA: Raymond resumes operations at Gujarat plant
Indian textiles and apparel manufacturer Raymond Ltd has resumed operations at its manufacturing plant in Gujarat after the Gujarat Pollution Control Board (GPCB) withdrew its notice closure.
INDIA: Raymond suspends operations at Gujarat plant
Indian textiles and apparel manufacturer Raymond Ltd has temporarily suspended operations at its textile manufacturing plant in Gujarat, after receiving a closure notice for allegedly violating pollution rules.
Market research related to this article
Men's Outerwear in India
Current value sales of men’s outerwear increased by 11% in 2011 to record sales of Rs724.6 billion, compared to previous year’s sales amounting to Rs653.6 billion. Sales were largely driven by “other men’s outerwear” in terms of value sales, which co...
Denim Jeans
This report analyzes the worldwide market for Denim Jeans in US$ Million and Million Units....
