Raymond Lifestyle Boosts EBITDA Despite Rising Losses

Raymond Lifestyle reported an increased net loss in the FY26 March quarter but saw significant revenue growth. Despite losses, EBITDA grew by 53 percent due to strong domestic demand. The company reached a historical total income milestone and announced a 50 percent dividend for the fiscal year.

Raymond Lifestyle, part of the Raymond Group, has announced a broader net loss of Rs 52.06 crore for the March quarter of FY26, compared to a Rs 44.96 crore loss in the same period last year, according to regulatory filings.

Despite the increased losses, the firm's revenue from operations rose by 18.9 percent, reaching Rs 17,764 crore. Remarkably, the company saw a 53 percent year-on-year growth in EBITDA, with margins sitting at 8.4 percent, attributed to domestic demand boosting volumes in branded textiles and apparel sectors.

Raymond Lifestyle, which was demerged and listed separately from Raymond Ltd in 2024, hit a historic income milestone of Rs 7,000 crore in FY26. The board has proposed a 50 percent dividend for the year, as shares closed at Rs 827.35, up 4.40 percent on the BSE.