Raymond Lifestyle Q2 Profit Rises 8% On Domestic Demand
Raymond Lifestyle Q2 income up 8% to ₹1,865 crore, driven by strong domestic sales; exporthit by US tariff challenges.
Raymond Lifestyle Q2 income up 8% to ₹1,865 crore, driven by strong domestic sales; exporthit by US tariff challenges.
However, most high-rated entities with a high US exposure have comfortable liquidity and leverage headroom to manage any immediate pressure
The expected dip is attributed to a sharp decline in the US market demand if the reciprocal tariff continues
Lower exports and pressure on pricing to contract industry operating margins by 200 to 300 basis points (bps) in fiscal year 2026, says Icra
The report says that higher discounts and front-loading of exports led to higher costs (transport and packaging), which also affected margins
The association says that keeping textile products along with products like electronics, mobile phones under the same GST slab would not be consistent from an overall economic rationale
The organisation urges the government to intensify trade dialogues with Europe, Africa, and the Asia-Pacific countries
Addressing the media, Founder-chancellor Ashok Kumar Mittal noted that India is being unfairly targeted for putting its own national interests first
The industry body urges the Centre to take concrete measures in the form of fiscal support and policy decisions related to raw material availability
Ind-Ra highlights that exports of components outside section 232 to the replacement market could face a higher impact