Raymond Lifestyle Q2 Profit Falls 10% Despite Revenue Growth
The company reported September-quarter revenue growth of 13%. EBITDA declined amid higher input costs, while Branded Apparel and Garmenting revenue grew.
Raymond Lifestyle’s Ebitda declines 2.6 per cent amid higher input costs, even as Branded Apparel revenue rises 20 per cent and Garmenting revenue grows 26 per centRaymond Lifestyle reported a 10.2 per cent year-on-year decline in net profit to Rs 68 crore in the September quarter, compared with Rs…