Raymond Lifestyle Q1 Revenue Up 18% YoY
Raymond Lifestyle Limited reported a robust first-quarter performance for FY26, posting a total income of Rs 1,475 crore, an 18% year-on-year increase, driven by strong growth in its Branded Textile and Apparel segments.
EBITDA rose 36% to Rs 122 crore from Rs 89 crore in Q1 FY25, with margins improving to 8.2% from 7.1%, supported by higher sales, better product mix, and operational leverage.
PBT (before exceptional items) stood at a loss of Rs 25 crore, narrowing from Rs 32 crore in the same quarter last year.
“We are pleased to report improved quarterly performance, driven by signs of demand recovery across our key lifestyle segments. While we remain optimistic, we are also maintaining a cautious stance due to global macroeconomic uncertainties. We are closely monitoring key developments, including the opportunities presented by the UK-India Free Trade Agreement and the challenges posed by US Tariffs,” said Gautam Hari Singhania, Executive Chairman, Raymond Lifestyle Limited. “Our agile strategies, combined with these evolving market dynamics, position us well to deliver sustained value to stakeholders.”
Segment Performance Highlights
- Branded Textile: Revenue rose 27% YoY to Rs 716 Cr, with EBITDA nearly doubling to Rs 103 Cr. Margins expanded to 14.3% from 9.6%, driven by higher volumes and improved mix.
- Branded Apparel: Revenue grew 22% YoY to Rs 370 Cr, with EBITDA at Rs 19 Cr. Margins remained steady at 5.0%.
- High-Value Cotton Shirting: Revenue increased 10% YoY to Rs 205 Cr, and EBITDA doubled to Rs 20 Cr with a margin of 9.5%.
- Garmenting: Revenue declined to Rs 197 Cr from Rs 252 Cr, impacted by US tariff uncertainty. EBITDA margin slipped to -3.9%.
Operational Update
Raymond continued retail network optimization by exiting underperforming stores. As of June 30, 2025, its total store count stood at 1,675, up from 1,540 a year ago. The company reported net debt of Rs 55 Cr, as it builds inventory ahead of the festive and wedding season.
