Raymond Q4 results: Profit drops 26% to ₹194 cr; declares dividend of ₹3
The consolidated net debt reduced by ₹399 crore to ₹689 crore as of March 31, 2023, as compared to ₹1,088 crore as on March 31, 2022.
The consolidated net debt reduced by ₹399 crore to ₹689 crore as of March 31, 2023, as compared to ₹1,088 crore as on March 31, 2022.
Raymond has reset close to ₹700 crore of costs in order to bring the business back in line.
German luxury automaker Mercedes-Benz has gotten attention with a new assembly line in Pune to put together its premier AMG line-up. Will it manage to rope in more buyers as well?
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
As the clothing business begins to follow international trends, chairman Gautam Singhania needs to reinvent his company to stay the first choice of the complete man.