Raymond Lifestyle reported a higher net loss in the March quarter of FY26 even as revenue rose nearly 19 per cent year-on-year, driven by strong domestic demand and growth across its branded textile and apparel businesses
Raymond Lifestyle reported a higher consolidated net loss of Rs 52.06 crore for the fourth quarter of FY26, compared with a loss of Rs 44.96 crore recorded in the same quarter last year, according to a regulatory filing by the Raymond Group company.
Despite the wider loss, the company posted strong revenue growth during the quarter. Revenue from operations increased 18.9 per cent year-on-year to Rs 1,776.45 crore in the January-March period of FY26, up from Rs 1,494.15 crore in the corresponding quarter a year earlier.
The company said its Ebitda or the quarter stood at Rs 152 crore, marking a 53 per cent annual increase, while Ebitda margins came in at 8.4 per cent. Raymond Lifestyle attributed the performance to higher marketing spends, costs related to its expanding retail network, and investments in digital transformation initiatives.
Total expenses during the quarter rose 11.46 per cent to Rs 1,811.45 crore. Meanwhile, total income, including other income, stood at Rs 1,810.32 crore for the March quarter.
For the full financial year FY26, the company reported a 20.9 per cent rise in profit to Rs 46.17 crore. Consolidated total income for the year grew 10.6 per cent to Rs 7,033.51 crore, crossing the Rs 7,000 crore milestone for the first time in the company’s history.
Raymond Lifestyle said the record annual income was supported by strong domestic demand, which helped drive higher sales volumes across its branded textile and apparel businesses.
The company was demerged from Raymond and separately listed on stock exchanges on 5 September 2024.
In a separate filing, the board recommended a dividend of 50 per cent, translating to Re 1 per equity share with a face value of Rs 2 for FY26.
Shares of Raymond Lifestyle ended Wednesday’s trading session at Rs 827.35 on the BSE, up 4.4 per cent from the previous close.
