Q1 Results: Raymond Posts Loss On Cost Incurred In Real Estate Business
While the revenue growth of Raymond’s core suiting business was “fairly strong”, the “quality of growth” impacted margins. (Photographer: Chris Ratcliffe/Bloomberg)

Q1 Results: Raymond Posts Loss On Cost Incurred In Real Estate Business

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Raymond Ltd. suffered a loss in the quarter ended June, hurt by one-time property development charges in its real estate business.Net loss stood at Rs 14.9 crore in the April-June period compared w...
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