Raymond posts 18 per cent jump in Q4 net profit at Rs 229 crore

Raymond, led by Gautam Hari Singhania, saw an 18% increase in Q1 profit, reaching Rs 229 crore, with revenue rising 23% to Rs 409 crore. Strong performance in real estate, especially after launching a premium project in Mumbai's Bandra area, contributed to the positive results, showcasing growth in key segments.