Page 3 - Raymond

Slow start, but strong retail growth expected: Raymond CMD Gautam Singhania

The retail business was somewhat slow initially, but it has picked up over the past seven to eight days, said Gautam Singhania, chairman and managing director of Raymond

Raymond Lifestyle Q3 results: Net profit falls 60.5% to Rs 64.17 cr

Raymond Lifestyle Ltd on Thursday reported a 60.5 per cent decline in consolidated net profit at Rs 64.17 crore in the third quarter ended December 31, 2024, impacted by weak market conditions and higher expenses. The company had posted a net profit of Rs 162.43 crore in the same quarter last fiscal, Raymond Lifestyle said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 1,754.21 crore as against Rs 1,726.26 crore in the year-ago period, it added. Total expenses in the third quarter were higher at Rs 1,708.37 crore as compared to Rs 1,546.22 crore in the corresponding period last fiscal. The cost of materials consumed was higher at Rs 366.02 crore as against Rs 339.47 crore in the year-ago period, the company said. "Q3FY25 continued to be a challenging quarter for our business. Despite weaker market conditions, our efforts have resulted in low single-digit revenue growth," Raymond Lifestyle Managing Director Sunil Kataria said. The company sa

Raymond shares advance 4% after revenue jumps 41% in Q3 results; know more

Raymond share price gained 3.79 per cent at Rs 1,564.50 a piece on the BSE in Thursday's intraday trade after the company delivered a significant rise in revenues for the third quarter

Restaurant Brands Asia slumps 4% after net loss widens to Rs 50 cr in Q3

Restaurant Brands Asia share price gained 3.74 per cent at Rs 69.41 a piece on the BSE in Thursday's intraday trade after the company's net loss surged for the third quarter of financial year 2024-25

Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore

The company's Ebitda stood at Rs 116 crore, up 19.6 per cent YoY

Gautam Singhania-backed SCCG seeks licence to restore foreign cars

SCCG claimed that labour costs in India are considerably lower than in countries like the UK, where restoration can cost upwards of £100-£200 per hour

Raymond Lifestyle up 3% as Motilal Oswal reiterates 'Buy'; 49% upside eyed

The northward movement in Raymond Lifestyle's share price followed domestic brokerage firm Motilal Oswal reiterating a 'Buy' rating, maintaining a target price of Rs 3,000

Raymond rallies 12% on heavy volumes; stock soars 37% from 52-week low

Till 12:14 PM, a combined 5.07 million shares, representing 7.6 per cent of the total equity of Raymond, had changed hands on the NSE and BSE

Shareholders approve Gautam Singhania as Raymond Lifestyle chairman

Gautam Hari Singhania has been appointed executive chairman of Raymond Lifestyle Limited, with 86.85% shareholder approval, despite sharp criticism over governance and reputational risks

Gautam Singhania faces opposition over Raymond Lifestyle's chairman role

Two advisory firms have urged shareholders to reject Gautam Singhania's appointment as executive chairperson of Raymond Lifestyle, citing concerns over governance, transparency, and reputational risks

Stocks to Watch, Dec 2: HUL, Raymond, SBI, Cipla Titan, Adani Group shares

Stocks to Watch, Dec 2: Here is a list of stocks that will be in focus for today's session

Raymond Realty may get listed in Q2 FY26, says CEO Harmohan Sahni

Raymond Realty CEO Harmohan Sahni said the firm had six projects with three more estimated to be launched next year

Raymond receives NOC from exchanges for demerger of its realty business

After the demerger, the resulting company, Raymond Realty Limited (RRL), will be listed on both stock exchanges after obtaining the necessary approvals

Raymond gains 7% as BSE, NSE give nod to demerger & listing of realty biz

This development comes after, on July 4, 2024, Raymond's board of directors approved the demerger of Raymond and Raymond Realty Limited

Raymond Lifestyle plunges 8%, at new low on weak Q2 operational performance

Q2 earnings impact: Total income was down 6.2% to Rs 1,735 crore, due to subdued demand and logistics delays in Garmenting business.

Raymond Lifestyle Q2 results: Profit slides 70%, revenue at Rs 1,708 cr

During the quarter, Raymond Lifestyle's revenue from the Textile segment, which consists of the branded fabric business of the company, was down 8.48 per cent to Rs 853.52 crore

Raymond share price gains 5% as Q2 profit more than doubles; details here

The surge in Raymond share price came after the company posted a healthy set of numbers in the September quarter of financial year 2025 (Q2FY25)

Raymond Q2 results: Net profit falls 63% to Rs 59 cr, income at Rs 1,100 cr

Raymond Ltd, which is into real estate and engineering business, on Monday reported a 63 per cent decline in consolidated net profit to Rs 59.01 crore in the second quarter of this fiscal. Its net profit stood at Rs 161.16 crore in the year-ago period. Total income rose to Rs 1,100.70 crore during July-September period of this fiscal from Rs 512.35 crore in the corresponding period of the previous year, according to a regulatory filing. Gautam Hari Singhania, Chairman & Managing Director, Raymond Ltd, said, "We witnessed good momentum both in real estate and engineering businesses." "With the launch of Park Avenue- High Street Reimagined, the first of its kind retail space in Thane, Raymond Realty has taken yet another pioneering step to create the aspirational ecosystem for its current and upcoming residential projects. The project execution remains our USP as our endeavor is to continue to deliver before RERA timelines," he added.

Q2 results: IRCTC, IRFC and Raymond among 47 to post earnings on Nov 4

Q2FY25 results Nov 4: Patanjali Foods and Colgate-Palmolive announce dividend payouts

Raymond Group chairman blasts Lamborghini for not responding to complaints

Raymond Group Chairman and Managing Director Gautam Singhania has blasted Italian carmaker Lamborghini for "arrogance" having failed to reach out to him regarding an issue with his car. Singhania had earlier tweeted on X about his Lamborghini Revuelto getting stranded at Mumbai's trans-harbour link due to a complete electrical failure. "I'm shocked at the arrogance of India Head @Agarwal_sharad and Asia Head Francesco Scardaoni. No one has reached out even to check what the customer issues are," he tweeted on Sunday. Lamborghini India could not immediately reach out about the matter. In a tweet on October 16, Singhania had noted that the Lamborghini India and Asia leadership failed to reach out to him despite him being an old loyal customer. "It is shocking that the India Head of Lamborghini @agarwal_sharad has not even bothered to make a phone call to enquire what the problem with an old loyal customer is. Is the brand arrogance getting to another level?" he tweeted. Earlier thi