Raymond Q2 result: Rupee depreciation, product mix led the growth
Updated : October 26, 2018 06:16 PM IST
The company's revenue was up 16 percent at Rs 1,847crore, while gross margin improved by 200 basis points (bps) at 55 percent against 53 percent on year-on-year (YoY) basis.
Revenue growth was largely driven by segments including branded apparel, auto components tools and garmenting.
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