Raymond's Q1 Net Profit Jumps 27% to Rs.570.4 Mn

08 Aug 2024 CW Team

Raymond Ltd. has reported a significant 27% rise in its net profit for the first quarter of FY25, amounting to ?570.4 million. This impressive growth reflects the company's robust performance amid a recovering market.

The surge in net profit comes as Raymond continues to strengthen its position in the textile and retail sectors. The company's strategic initiatives, including a focus on premium segments and operational efficiencies, have played a crucial role in driving this growth.

Revenue for the quarter also saw an upswing, supported by strong sales across its apparel and retail segments. Raymond's emphasis on expanding its product offerings and enhancing customer experience has contributed to its positive financial results.

The company's management attributes the profit growth to a combination of factors, including effective cost management, improved supply chain operations, and a favourable market environment. Raymond remains optimistic about sustaining its growth trajectory through continued innovation and market expansion.

This financial performance positions Raymond favourably as it navigates the post-pandemic economic landscape, setting a solid foundation for future growth and development in the coming quarters.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..