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Raymond Lifestyle reports wider March quarter loss despite rise in revenue and annual income crossing INR 7,000 crore

#Hospitality & Retail#India
Last Updated : 11th May, 2026
Synopsis

Raymond Lifestyle Ltd reported a consolidated net loss of INR 52.06 crore during the March quarter of FY26, compared to a loss of INR 44.96 crore recorded in the corresponding period last year. Despite the wider quarterly loss, the company posted an 18.9 per cent increase in revenue from operations to INR 1,776.45 crore, supported by stronger domestic demand across branded textiles and apparel segments. The company also recorded its highest-ever annual total income, crossing INR 7,000 crore for the first time in FY26 following its demerger from Raymond Ltd and subsequent stock market listing in 2024. The board additionally recommended a dividend of Re 1 per equity share for the financial year ended March 2026.

Raymond Lifestyle Ltd reported a widening of its consolidated net loss during the March quarter of FY26 in the past week, even as the company recorded higher revenues and its highest-ever annual total income following its demerger and independent stock market listing.


According to the company’s regulatory filing, consolidated net loss for the January–March quarter stood at INR 52.06 crore, compared to a net loss of INR 44.96 crore recorded during the corresponding period of the previous financial year.

Revenue from operations during the quarter increased 18.9 per cent year-on-year to INR 1,776.45 crore from INR 1,494.15 crore a year earlier. The company stated that stronger domestic demand supported higher sales volumes across its branded textile and apparel businesses.

The company reported earnings before interest, tax, depreciation and amortisation (EBITDA) of INR 152 crore during the quarter, reflecting a 53 per cent year-on-year increase. EBITDA margins stood at 8.4 per cent despite increased spending on marketing initiatives, expansion of its retail footprint and investment towards digital transformation programmes.

Total expenses during the quarter rose 11.46 per cent to INR 1,811.45 crore. Total income, including other income, stood at INR 1,810.32 crore for the March quarter.

For the full FY26 financial year, the company reported a 20.9 per cent rise in profit to INR 46.17 crore. Consolidated total income for the year increased 10.6 per cent to INR 7,033.51 crore.

The company stated that FY26 marked the first time it had crossed the INR 7,000 crore annual income milestone. According to the earnings statement, the performance was driven primarily by sustained domestic demand across branded textile and apparel divisions, resulting in higher volumes during the financial year.

Raymond Lifestyle Ltd was demerged from Raymond Ltd and separately listed on Indian stock exchanges in September 2024 as part of the group’s restructuring exercise.

In a separate regulatory filing issued earlier this week, the company informed that its board of directors had recommended a dividend of 50 per cent for FY26, equivalent to Re 1 per equity share with a face value of INR 2 each.

The company, promoted by the Singhania family, operates across branded fabrics, apparel, garments and retail lifestyle segments in India. Its financial performance comes amid continued consumption demand in premium and branded apparel categories, despite rising operating costs and expansion-related expenditure across organised retail businesses.

Shares of Raymond Lifestyle Ltd settled at INR 827.35 apiece on the BSE earlier this week, registering a gain of 4.40 per cent over the previous closing level.

Source - PTI

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