Raymond Lifestyle Q1 Income Up 6%; Garmenting Business Grows 50%
Raymond Lifestyle Limited reported a 6 percent year-on-year rise in total income to Rs 1,560 crore for the first quarter ended June 30, 2026, supported by premiumisation in its domestic business and a strong recovery in garment exports.
EBITDA increased 11 percent to Rs 135 crore, while EBITDA margin improved to 8.6 percent from the corresponding quarter last year.
The Garmenting segment was the standout performer, with revenue surging 50 percent to Rs 296 crore from Rs 197 crore. The business returned to profitability, posting an EBITDA of Rs 22 crore, driven by strong order execution, onboarding of new global customers and favourable trade developments, including the US–India tariff rationalisation and the UK Free Trade Agreement.
Branded Apparel revenue rose 4 percent to Rs 349 crore, supported by double-digit growth in casualwear brands, large-format stores and online channels. Branded Textile revenue stood at Rs 684 crore, marginally lower due to a high base effect. The High Value Cotton Shirting business generated revenue of Rs 195 crore, while Emerging Businesses recorded 9 percent growth to Rs 79 crore.
Commenting on the results, Satyaki Ghosh, Whole-time Director and CEO of Raymond Lifestyle, said the quarter reflected strong international demand and steady domestic consumption. He added that the Garmenting business benefited from global trade tailwinds, while the company’s debt-free status and net cash position provide flexibility to pursue future growth opportunities.
