• According to the reports, Tata and IndiGo are in race to acquire GoFirst's aviation assets.
• Net profit was down 11.3% YoY at Rs 202.5 cr. • Revenue was up 4.7% YoY at Rs 1,293.9 cr. • EBITDA was down 7% YoY at Rs 295.1 cr. • Margin was at 22.8% vs 25.7% (YoY)
Raymond board approves issuance of NCDs for up to Rs 2,200 cr in two or more tranches on private placement basis for repayment of external debt.