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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
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.

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Sanjay Bahl

Raymond to streamline realty biz; expects better topline in Q4

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