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
Raymond Ltd, a prominent name in India’s fabric and fashion retail sector and a key player in the global suiting fabric market, has secured approval to divest its entire stake in its wholly-owned subsidiaries. The subsidiaries, Raymond Apparel Ltd (RAL) and Ultrashore Realty Ltd (URL), are set to undergo a change in ownership through a […]