Raymond Lifestyle Limited has reported a solid performance for the quarter ended 31 December 2025, supported by robust domestic consumption across its core categories. The company recorded Total Income of ₹1,883 crore, marking a 5 percent year-on-year growth, while EBITDA rose to ₹271 crore, up 23 percent compared to the same quarter last year. EBITDA margin improved to 14.4 percent, reflecting operational efficiencies and a favourable product mix.
Growth was primarily driven by strong volumes in the Branded Textile and Apparel segments, even as the company increased marketing investments to strengthen long-term brand equity. Strategic retail network optimisation also supported profitability.
Domestic Strength Offsets Global Challenges
While domestic demand remained buoyant, international operations faced pressure due to headwinds in garmenting and B2B exports. US tariff-related challenges affected competitiveness, leading to deferred orders and margin pressures. However, strong performance in the Indian market helped the company sustain overall growth momentum.
Gautam Hari Singhania, Executive Chairman of Raymond Lifestyle Limited, highlighted the company’s focus on navigating global uncertainties while capitalising on domestic opportunities and trade agreements such as the UK-India FTA.
Segment Performance Highlights
Branded Textile Segment
Revenue grew 11 percent to ₹951 crore, supported by strong volumes, favourable wedding demand and improved consumer awareness. EBITDA increased 35 percent to ₹207 crore, with margins rising to 21.8 percent, driven by a better product mix and scale benefits.
Branded Apparel Segment
Revenue stood at ₹482 crore, reflecting 5 percent growth across key channels including LFS, EBOs, MBOs and online platforms. EBITDA came in at ₹35 crore, with margins at 7.3 percent, impacted by higher marketing investments and the ramp-up phase of newly opened stores.
The company operated 1,675 stores at quarter-end and continues to optimise its retail footprint to enhance long-term performance.
Garmenting Segment
Revenue declined 17 percent year-on-year to ₹258 crore due to uncertainty linked to US tariff developments. EBITDA stood at ₹11 crore, with margins at 4.2 percent, affected by lower scale and export challenges.
High Value Cotton Shirting
This segment reported ₹205 crore in revenue, up 2 percent, with EBITDA of ₹23 crore and improved margins of 11.1 percent, supported by a more favourable product mix.
Financial Position
Raymond Lifestyle Limited maintained a near debt-free position with net debt of ₹15 crore at the end of Q3 FY26.
