Raymond Group's revenue FY 2015-2024
Raymond India reported a revenue of about 93 billion Indian rupees in fiscal year 2024. Established in 1925, this Indian branded fabric and fashion retailer had over 1,100 exclusive stores and a global presence in over 350 cities. It was the 23rd most trusted brand across India in 2014.
Raymond India — suiting and shirting fabric
The Raymond Group was the leading producer of woolen and worsted apparel in net sales as of 2022. With established menswear brands such as ColorPlus, Park Avenue, and Parx, the group has registered growth in the value of branded textile sales over recent years. In shirting fabrics, Raymond group is among the leading brands in the over-the-counter (OTC) market, with significant growth in high-value cotton shirting sales. The trends above make it one of the leading textile companies in terms of sales revenue. Brands such as Park Avenue and Kamasutra marked the group's presence in the men's grooming and sexual wellness sectors.
Raymond's engineering ventures
Raymond Group incorporates various businesses, including suiting, shirting, denim, garments, engineering files and tools, apparel, FMCG, automotive industry, and prophylactics. The inception of JK files and tools in 1949 was the company's first foray in the direction of engineering. The company manufactured steel files and cutting tools and are the leading manufacturers of steel files across India. It established a presence in the automotive components industry with its subsidiary, Ring Plus Aqua Ltd., which manufactures ring gears, flex plates, and bearings. Owing to the businesses above, the Raymond group has registered assets growth.
