Home / Knowledge / News / Apparel/Garments / Raymond's net sales up 5% in FY16 to Rs 5,595 cr
Raymond's net sales up 5% in FY16 to Rs 5,595 cr
Apr '16
Renowned Indian textile, apparel and fashion brand, Raymond reported a rise of 5 per cent in its net sales to Rs 5,595 crore in fiscal 2016, ending March 31, as compared to Rs 5,333 crore in fiscal 2015 because of an increase in sales in all its textile and apparel segments, except for denim.

Raymond's branded textiles segment reported a rise of 5 per cent in net sales to Rs 2,665 crore in FY16 as compared to Rs 2,545 crore in FY15. Branded apparel segment reported a rise of 18 per cent to Rs 1,194 crore as compared to Rs 1,011 crore previously. Garmenting sector reported a rise of 11 per cent in FY16 to Rs 594 crore as compared to Rs 533 crore previously. High value cotton shirting segment grew by 19 per cent to Rs 467 crore this year as compared to Rs 393 crore previously.

Suiting fabric sales grew by 3 per cent (5 per cent by volume) in the branded textiles sector. Shirting fabric sales grew across the B2C channel, along with 39 per cent volume growth. All the brands showed an increase in net sales in the branded apparel category.

The garmenting segment and the high value cotton shirting segment showed an increase in net sales because of higher volumes, according to a statement filed by Raymond with the BSE

However, sales reduced in the denim segment by 5 per cent, because of a fall in volume (by 6 per cent) due to lower exports.

Net sales also decreased in the non-textile and non-apparel segments of Raymond. (MCJ)

Fibre2Fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search