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Financial Results

Raymond Achieves Record Annual Revenue, Posts Highest-Ever EBITDA

Textile Insights May 5, 2024

Raymond Ltd announced its audited financial results for the year ended March 31, 2024, achieving its highest-ever annual revenue of Rs 9,286 cr and EBITDA of Rs 1,575 cr, with an EBITDA margin of 17.0%. Despite challenges in the lifestyle business, Raymond maintained double-digit revenue growth

Apparel, Fashion, Retail

ABFRL Board Approves Demerger Of Madura Business Into A Separate Listed Entity

Textile Insights April 21, 2024

Following the announcement on April 1, 2024, the Board of Directors of ABFRL convened and approved the proposal for the vertical demerger of Madura fashion and lifestyle business from ABFRL into a newly incorporated entity named Aditya Birla Lifestyle Brands Ltd. (ABLBL). Upon completion, ABLBL will be listed separately, marking a significant strategic move aimed […]

Raymond Achieves Record Annual Revenue, Posts Highest-Ever EBITDA

ABFRL Board Approves Demerger Of Madura Business Into A Separate Listed Entity

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