Gautam Singhania, chairman and managing director of fabric and apparel major Raymond, has emphasized that his personal life has no bearing on his businesses, which have shown significant growth and transformation during the pandemic. Singhania, 58, is currently embroiled in a settlement dispute with his estranged wife Nawaz Modi Singhania, 54, following their separation announcement in November.
On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing.
On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing.
Raymond Ltd on Friday reported an 18 per cent rise in consolidated profit after tax at Rs 229 crore in the fourth quarter ended March 2024. The company had posted a consolidated profit after tax of Rs 194 crore in the same quarter previous fiscal, Raymond Ltd said in a statement.
During the period under review, sherwanis have emerged as a standout category, making up more than a quarter of all sales, the report (by Rupali Mukherjee) said quoting Ashish Mukul, brand head at Tasva.