Total income dipped The designer wear division offers designs by some of the finest Indian designers comprising an eclectic mix of formal, office and evening wear for men and women. Raymond expects the revenue from the stores to increase from the current Rs 7 billion to Rs 11 billion to 12 billion in Vijaypat Singhania School at Vapi, Gujarat run by the School Trust provides quality education to the children of the local populace; Raymond Rehabilitation Centre set-up for the welfare of under-privileged youth at Jekegram, Thane.
Given the interest rate fluctuations, the Company has adopted a prudent and conservative risk mitigation strategy to minimize interest costs. Its denim division has an installed capacity of 30 million meters and produces ring denims.
The Company is mitigating these risks through regular review of legal compliances carried out through internal as well as external compliance audits. Besides, the company is also a major exporter of fabrics and exports to more than 50 countries including US, Canada, Europe, Japan and the Middle East.
During the year under review, no complaints were reported to the Board. Most of these stores will come up in small towns, where business is growing sharply.
The risk management framework is reviewed periodically by the Board and the Audit Committee. Apart from the CSR activities under the Companies Act,the Company continues to voluntarily support the following social initiatives: The Audit Committee of the Board of Directors actively reviews the adequacy and effectiveness of the internal control systems and suggests improvements to strengthen the same.
Strategic Risks Emerging businesses, capital expenditure for capacity expansion, etc. The Company has a robust Management Information System, which is an integral part of the control mechanism.
Human Resources Risks Retaining the existing talent pool and attracting new talent are major risks. Future Plans Raymond is planning to increase its retail stores from to and expects the revenue from the stores to increase from Rs 7 billion in the present to Rs 11 billion to Rs 12 billion in The Company proactively manages these risks through forward booking, inventory management and proactive vendor development practices.
Significant audit observations and corrective actions taken by the management are presented to the Audit Committee of the Board. This initiative enables less fortunate youth to be self- sufficient in life.
The Company has a structured induction process at all locations and management development programs to upgrade skills of managers. The earnings per share EPS of the company stood at Rs 0.
The aviation division Million Air provides air charter services and has a fleet of three helicopters and one executive jet. The target age group for the store is between 4 and 12 and the company has plans to open 12 such stores by March The company is also planning to foray into automobile furnishing sector by way of a joint venture with Treves SA.
Another wholly-owned subsidiary, Silver Spark Apparel, sells factored garments in international markets. Most of these stores will come up in small towns. Net sales declined There is no secretarial audit qualification for the year under review.
Audit plays a key role in providing assurance to the Board of Directors. There is no Audit qualification for the year under review. To maintain its objectivity and independence, the Internal Audit function reports to the Chairman of the Audit Committee.
The Audit Committee of the Board of Directors, Statutory Auditors and the Business Heads are periodically apprised of the internal audit findings and corrective actions taken. However, the Company has well-defined processes and procedures for obtaining approvals for investments in new businesses and capacity expansion etc.
Commodity Price Risks The Company is exposed to the risk of price fluctuation of raw materials as well as finished goods.Links to financial results for Raymond James, including annual and quarterly reports, 10K reports, 10Q reports, Proxy Statement and Statement of Financial Condition.
Financial Reports - Investor Relations | Raymond James.
Raymond Detailed director reports covering Raymond Financial Results and Performance report. Your Directors are pleased to present the Ninety-First Annual Report on the business and operation.
Town of Raymond Annual Reports and Town Warrants The most recent reports are in Adobe Acrobat PDF format.
If you do not have the Adobe Acrobat Reader program on your computer, you may download and install it. Get a detailed Sensex annual report of Raymond on stock/share exchange market for the financial and more at fresh-air-purifiers.com This Annual Report contains statements about expected future events and financial and operating results of Raymond Group, which are forward-looking.
By their nature, forward-looking statements require the Company. Raymond James Financial, Inc. engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe.Download