The cumulative sales for the domestic market in April-May, 2019 was at 82,684 units compared to 1,07,758 units over last year, registering a decline of 23 percent.

Confident of delivering profitable margin growth in apparel business: Raymond

Raymond reported a good set of Q3 earnings led by branded textile business. In an interview with CNBC-TV18, Sanjay Bahl, Group CFO of the company discussed more on the company's Q3 numbers.

Raymond a solid brand in right place with right opportunities, says Gautam Singhania

Raymond is in the right place and has the right opportunities. That is the word coming in from Gautam Singhania of Raymond. In an exclusive chat with CNBC-TV18's Varinder Bansal, he also said that they are hopeful of a double-digit margin growth over 3-4 years.

Expect good H2FY18; realisations to improve due to higher sales: Raymond

Raymond reported a good quarter, though the stock is under pressure. In an interview to CNBC-TV18, Sanjay Bahl, Group CFO of Raymond discussed the company's quarterly performance.

GST rates fair; company positioned to become stronger post GST: Raymond's Singhania

Raymond's arm has inaugurated its Greenfield garment manufacturing facility in Ethiopia. CNBC-TV18’s Priya Sheth travelled to the very location of the plant and caught up with Gautam Singhania, CMD of Raymond Group and Sanjay Behl, CEO of Raymond Lifestyle and asked them about the rationale for investing there.

Raymond's property sale: Investor body IiAS raises red flag

Raymond is in focus as the company has presented a resolution at its annual general meeting (AGM) to make an offer to sell premium real estate to its promoters at throw-away prices. The Institutional Investor Advisory Services (IiAS) has recommended that the shareholders should vote against this resolution.

Expect demand revival to happen in FY17-FY18: Raymond

In an interview to CNBC-TV18, Sanjay Bahl, Group CFO of Raymond spoke about the results and his outlook for the company. "We are carrying forward a growth momentum from Q4 of FY17 into the current year (FY18) now. We expect the demand revival to happen in FY17-FY18", he said.

Raymond to streamline realty biz; expects better topline in Q4

Sanjay Bahl, Group CFO, Raymond is upbeat of topline in fourth quarter to be better than the third quarter which was impacted due to demonetisation. He expects liquidity to ease in the fourth quarter and benefit the tier 2 and tier 3 markets

Demand down 30% since demonetisation: Raymond Chief

Hit by demonetisation Indian textile major Raymond has seen 30 percent decline in demand over 3-4 weeks, said CEO Sanjay Behl.

Raymond looks to open 30-40 stores in second half of this fiscal

The branded apparel business continues to post losses for Raymond. But the group's Chief Financial Officer Sanjay Bahl says the company has a long term focus on branded business and is trying to build economies of scale in the business.

Core biz still strong, Q1 losses due to associate cos: Raymond

Sanjay Bahl, Group Chief Financial Officer at Raymond, says revenue, margins and PBT grew 4 percent, 3.4 percent and 17 percent , respectively in Q1FY17, on a quarterly basis.

Future eyes new innovations; for Raymond online is critical play

Speaking to CNBC-TV18 Rakesh Biyani of Future Enterprises said the maximum jobs are created in the services sector. He went on to talk about the Model Shop & Establishment Act that got cleared by the Cabinet yesterday.

Growth momentum in shirting, apparel biz to continue: Raymond

Raymond is in an investment phase currently, benefits of which will be visible in the next two-three years, says Sanjay Bahl, Group CFO of the company.

Global volatility, labour laws ailing textile industry: Raymond

Speaking to CNBC-TV18‘s, Singhania says that the volatility could delay the uptick in consumption.

Hopeful of stronger H2; may hive off non-core biz: Raymond

Speaking to CNBC-TV18, M Shiv Kumar, chief financial officer, says the disappointing numbers were also on the back of its garmenting service business Made To Measure's expansion, and renovation in various units

See better demand in garments biz in Japan, US: Raymond

In an interview to CNBC-TV18, Raymond CFO M Shivkumar discusses the earnings and the company‘s future outlook.

Hike in FSI premium, ready reckoner rates negative: HDIL

According to Sarang Wadhawan, vice-chairman and managing director of HDIL, builders are likely to pass through the complete increase.

See better time, huge ad spend ahead: Raymond

M Shiv Kumar, CFO, Raymond says the textile segment in the second quarter was hit due to higher store renovation cost.

Will sustain margins, cautious on Q4: Raymond CFO Shivkumar

The company's consolidated margins grew 250 basis points to 12.1 percent during the quarter, as each of the company‘s divisions—textile apparels, denim, garments, shirts, tools and hardware, auto components—turned in a decent performance.

Raymond cautiously optimistic on second half post good Q2

Speaking to CNBC-TV18, M Shiv Kumar, chief financial officer, Raymond, says the company‘s strong Q2 performance has been the result of a revival in its apparel business that has also helped make profits. “All other bisuness segments, too have seen an all-round improvement,” adds Kumar.

Inventories in place; see revival Q2 onwards: Raymond

Raymond always follows the path of hedging its exposure. So this is a temporary phenomenon of Rs 8 crore, excluding this component - then there is a healthy growth of 12 percent in EBITDA and the profit after tax (PAT) level

Raymond sees revival in loss making apparel biz in FY14

M Shivkumar, CFO of Raymond says a bad year for apparel business and huge inventories has resulted in huge loss for the textile manufacturer. “The increase in power and staff costs has impacted the industry,” he told CNBC-TV18 in an interview.