Oil and gas prices surged Monday following Israeli and U.S. strikes on Iran and retaliatory actions by Tehran. These events led to facility shutdowns across the Middle East and disrupted shipping in the Strait of Hormuz, impacting global energy markets and potentially fueling inflation.
Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.