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Raymond Lifestyle Ltd, part of the Raymond Group, on Wednesday reported a two-fold jump in consolidated net profit to ₹75.19 crore for the quarter ended September 2025, driven by robust domestic consumption and higher volumes in its branded textile and apparel segments.
The company had posted a net profit of ₹42.18 crore in the same period last year, according to a regulatory filing.
Revenue from operations rose 7.3% year-on-year to ₹1,832.4 crore, compared with ₹1,708.26 crore in the corresponding quarter of the previous fiscal. Total income, including other income, stood at ₹1,865.4 crore, while total expenses increased 8.1% to ₹1,757.82 crore.
Raymond Lifestyle said the strong performance was “primarily fuelled by an acceleration in domestic demand and consumption across India,” leading to significant volume growth in its Branded Textile and Branded Apparel businesses.
Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at ₹259 crore, translating into a margin of 13.9%. The company noted that this was achieved despite a deliberate increase in advertising and marketing spends to strengthen long-term brand equity.
During the quarter, revenue from the Branded Textile segment rose 10% to ₹937 crore, supported by higher wedding-related purchases and increased consumer awareness. The Branded Apparel segment grew 11% to ₹491 crore, with growth across all key brands and sales channels, including large-format stores (LFS), exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and online platforms.
Revenue from the Garmenting segment stood at ₹269.28 crore, as international business was impacted by trade headwinds. Raymond said its garmenting and B2B export segments faced challenges due to the imposition of steep U.S. tariffs on Indian exports.
“The imposition of steep U.S. tariffs significantly impacted our global competitiveness, leading to order deferrals and margin pressure from key overseas buyers. Despite this, the rebound in domestic consumption fully cushioned the impact, allowing us to post positive overall growth,” the company said in a statement.
Executive Chairman Gautam Hari Singhania said the results reflect encouraging momentum driven by strong domestic demand across core lifestyle categories.
“Even as we navigate global macroeconomic headwinds, we remain focused on agility and strategic foresight — closely tracking opportunities from the UK-India Free Trade Agreement and potential risks from U.S. tariff changes,” Singhania said.
As of September 30, 2025, Raymond Lifestyle operated 1,663 stores, up from 1,592 a year earlier. The company said newly opened outlets are expected to take time to reach maturity, and it continues to optimise its retail footprint to align with long-term growth and profitability goals.
Shares of Raymond Lifestyle closed 1.32% higher at ₹1,218.7 apiece on the BSE on Wednesday.
Raymond Lifestyle, which houses brands such as Park Avenue, ColorPlus, Parx, Raymond Made to Measure, Raymond Ready to Wear, Sleepz by Raymond, and Ethnix by Raymond, was demerged from its parent company and listed on the stock exchanges in September 2024.
(Source: PTI)
