Financial Performance Of Raymonds
1.INTRODUCTION TO RAYMOND LTD
Raymond Ltd (formerly known as Raymond Woollen Mills) was incorporated in 1925. The company has five divisions comprising of Textiles, Denim, Engineering Files & Tools, Aviation and Designer wear
Raymond Textile is India's leading producer of worsted suiting fabric with over 60% market share. With a capacity of 25 million meters of wool & wool-blended fabrics, Raymond Textiles is the world's third largest integrated manufacturer. The company exports its suitings to more than 50 countries including USA, Canada, Europe, Japan and the Middle East. Over the years, Raymond Textile has developed strong in-house skills for research & development, which has resulted in path-breaking new products. Perceived as pioneer and innovator, Raymond Textile has been responsible for raising the standard of the Indian textiles industry.
The Denim division has an installed capacity of 20 million meters and produces high quality ring denims. The company currently......
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