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Raymond, one of India’s largest integrated worsted suiting manufacturers,has been continuously witnessing a momentum of strong growth.
Following record performances in the H2 of FY ’22, the first quarter of FY ’23too has seen the company come up with highest Q1 revenue and profitability in last 10 years.
The revenue touchedRs. 1,754 crore year-on-year at an astounding growth of 104 per cent in the quarter.The same rose by 19 per cent when compared to the same period in the pre-pandemic period.
Capitalising on market buoyancy and strong wedding demand, along with expansive distribution, helped propel sales.Consequently, B2C businesses continue to grow with sustained sentiments and strong consumption...