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Tag: raymond

Raymond appoints Amit Agarwal as Chief Financial Officer

Fabrics and garment major Raymond on Friday said it has appointed Amit Agarwal as Chief Financial Officer (CFO), replacing Sanjay Bahl who has relinquished his position. According to a PTI report: Agarwal, who was the CEO of Jindal Coated Steel Products Ltd prior to joining Raymond, assumed the new role with effect from July 2, …

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COVID-19: Raymond to reap benefits of low imports from China

Homegrown textiles and apparels major Raymond expects to reap the benefits of likely low imports from China in view of the COVID-19 pandemic, the company said in a statement on Tuesday. According to a PTI report: It is also looking at long-term funding and alternate working capital availability to manage liquidity as business restarts with …

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Raymond Q4 results: Posts Rs 69.10 crore net loss

Raymond Ltd on Monday reported a consolidated net loss of Rs 69.10 crore for the fourth quarter ended March 2020, impacted by the coronavirus-induced lockdown. According to a PTI report: The company had posted a net profit of Rs 67.70 crore during January-March quarter of the previous fiscal, Raymond said in a regulatory filing. Revenue …

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Raymond’s CEO for lifestyle business steps down

Sanjay Behl, Chief Executive Officer for lifestyle business at fashion and textile retailer Raymond Ltd, has decided to step down from his current role after serving for seven years. “This development is a natural transition as we are in the process of forming a new company that is focused on lifestyle business as part of …

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