Raymond Lifestyle Q2 Results: Profit slides 70% YoY to Rs 42 crore

November 6, 2024

Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY’25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new product launches.

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