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HomeNewsIndian textile maker Raymond reports sales of SEK 3,648 in 2009. -...

Indian textile maker Raymond reports sales of SEK 3,648 in 2009. – News


Raymond Restricted, an Indian textile and attire firm, mentioned its 2021 gross sales, which ended March 31, 2021, fell 45% to Rs 364.8 billion, down 45% from the earlier yr’s Rs 657.8 billion. I’m reporting. The corporate suffered a web lack of 297 chlores (FY2008: revenue 196 chlores) in FY2009, however EBITDA fell to 135 chlores (612 chlores).

In response to the corporate, sturdy demand pushed by festivals and the wedding season has offered the mandatory impetus to speed up restoration, with gross sales within the first half returning to about thrice that of the primary half.

In a press launch, Raymond Restricted Chairman and Managing Director Gautam Harisingania mentioned, “As a company, we’ve core strengths when it comes to sturdy manufacturers, superior product high quality, and an intensive nationwide channel community. I used to be capable of benefit from it. “

In FY2009, the corporate’s model textile section gross sales fell to 1,572 chlores (2,917 chlores), whereas model attire gross sales plummeted to 457 chlores (1,619 chlores). Raymond’s garment enterprise gross sales fell to Rs 54.9 billion (Rs 84.3 billion) and high-value cotton shirts had been Rs 25.8 billion (Rs 62.2 billion).

“Shoppers have tailored to on-line channels throughout the peak of the pandemic, however sooner or later they are going to create a Phygital expertise dotted with creativeness, comfort and customization to develop into the main Brick and Mortar participant with broad attain. It pleases shoppers, “mentioned S. Ganeshkumar, Chief Working Officer of Raymond Life-style.

“In all of this yr’s turmoil, we dedicated ourselves by staying on the course, refocusing our eyes on our objectives and exhibiting that the core will information us by these turbulent instances. “Singania added within the launch.

Fiber2Fashion Information Desk (JL)

Raymond Restricted, an Indian textile and attire firm, mentioned its 2021 gross sales, which ended March 31, 2021, fell 45% to Rs 364.8 billion, down 45% from the earlier yr’s Rs 657.8 billion. I’m reporting. The corporate suffered a web lack of 297 chlores (FY2008: revenue 196 chlores) in FY2009, however EBITDA fell to 135 chlores (612 chlores).

Indian textile maker Raymond reviews gross sales of SEK 3,648 in 2009.

Source link Indian textile maker Raymond reviews gross sales of SEK 3,648 in 2009.



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