India’s Raymond Q3 profit jumps on branded apparel, realty boost – ET Retail
BENGALURU: Indian conglomerate Raymond reported a third-quarter profit jump on Thursday, as healthy demand for its high-margin branded apparel and real estate offerings outweighed a rise in costs. The company’s consolidated profit after tax nearly doubled to 1.84 billion rupees ($22 million) in the three months to Dec. 31, it said in an exchange filing….