Amalgamated net loss in Q1 reported by Raymonds

News Tags: apparel and garment, lifestyle business, Luxury cotton shirting fabric, net sales, Raymond, retail space, SAARC region, small cap company, textile segment

Mumbai
Amalgamated net loss in Q1 reported by Raymonds
Summary: 
Raymond stores count as at 30 June 2014 stood at 954 across all formats, including 43 stores in the Middle East and SAARC region covering over 1.8 million square feet of retail space. The small-cap company has an equity capital of Rs 61.38 crore. Face value per share is Rs 10.

Raymond stores count as at 30 June 2014 stood at 954 across all formats, including 43 stores in the Middle East and SAARC region covering over 1.8 million square feet of retail space. The small-cap company has an equity capital of Rs 61.38 crore. Face value per share is Rs 10.

Raymond's net sales had risen 25.4% to Rs 1096.09 crore in Q1 June 2014 over Q1 June 2013. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 48% to Rs 63 crore in Q1 June 2014 over Q1 June 2013. EBITDA margins rose to 6% in Q1 June 2014 from 5% in Q1 June 2013.

http://www.business-standard.com/article/news-cm/raymond-slips-after-weak-q1-results-114072800173_1.html
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