For the third quarter Raymond’s consolidated net profit was up 30 per cent. Total income was up 12.69 per cent. Revenue from the textile segment was up 10.32 per cent. Revenue from the apparel segment was up 19.62 per cent. Revenue from the garmenting segment was up 13.65 per cent.

Raymond's total expenses were at Rs 1,639.03 crores as against Rs 1,471.38 crores in the year-ago period. Revenue from shirting was at 159.25 crores as against Rs 149.34 crores in the corresponding quarter last year.

Raymond now has four strong brands: Raymond, Park Avenue, Park and Colour Plus and the company is doing well and delivering a high double-digit growth. The company is currently in the right place with the right set of opportunities. The company is made up of many parts -- textile, apparel, B to C fabrics, engineering, auto components, FMCG. Every part has its own challenges and its own needs and desires.

For Raymond fabrics are a solid and legacy business, while apparels are growing strongly. It is a market leader in its space and has managed to enter the FMCG space. As for key focus areas of the company, the priority is to see exponential shareholder returns.