New Delhi: Raymond Lifestyle Limited, on Wednesday, has reported a robust 18 per cent year-on-year (YoY) rise in total income to Rs 1,475 crore for the quarter ended June 30, 2025 (Q1 FY26), compared to Rs 1,250 crore in the same period last year, driven by volume growth in its Branded Textile and Branded Apparel segments, according to its regulatory filing.
The company’s EBITDA stood at Rs 122 crore, up 36 per cent YoY from Rs 89 crore in Q1 FY25. EBITDA margin improved to 8.2 per cent from 7.1 per cent last year, supported by a better product mix and operating leverage. However, the company reported a pre-tax loss of Rs 25 crore, albeit narrower than the Rs 32 crore loss in the same quarter last year.
Branded Textile revenue rose 27 per cent to Rs 716 crore from Rs 565 crore in Q1 FY25, led by robust demand, increased wedding dates, and higher consumer activity. The segment’s EBITDA nearly doubled to Rs 103 crore with margins expanding to 14.3 per cent, compared to 9.6 per cent last year.
The Branded Apparel segment posted a 22 per cent YoY growth in revenue to Rs 370 crore. Growth was observed across all brands and channels, including exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and online. EBITDA came in at Rs 19 crore, compared to Rs 15 crore in Q1 FY25.
The company reported a network of 1,675 stores as of June 30, 2025, up from 1,540 stores a year earlier. The management indicated that newer stores are expected to take additional time to mature. In line with a retail optimization strategy, Raymond Lifestyle exited underperforming stores during the quarter.
The Garmenting segment reported revenue of Rs 197 crore, down from Rs 252 crore last year, impacted by uncertainties around US tariff announcements. EBITDA margin for the segment stood at -3.9 per cent versus 3.5 per cent in Q1 FY25.
Revenue from the High Value Cotton Shirting segment grew 10 per cent YoY to Rs 205 crore, supported by strong B2B demand for cotton and linen fabrics. EBITDA doubled to Rs 20 crore from Rs 10 crore in the corresponding quarter, with margins improving to 9.5 per cent.
Commenting on the performance, Gautam Hari Singhania, Executive Chairman of Raymond Lifestyle Limited, said, “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.”
As of Q1 FY26, Raymond Lifestyle had a net debt position of Rs 55 crore, attributed to inventory buildup ahead of the upcoming festive and wedding season.
