Latest news with #RaymondLifestyle
Fashion Network
13-05-2025
- Business
- Fashion Network
Raymond Lifestyle reports Q4 net loss of Rs 45 crore
Raymond Lifestyle reported a consolidated net loss of Rs 45 crore ($5.4 million) for the fourth quarter ended March 31, as against a net profit of Rs 236 crore in the year-ago period. Raymond's revenue from operations was down 11 percent to Rs 1,494 crore, as against Rs 1,685 crore in the year-ago period. During the quarter, Raymond Lifestyle's revenue from the textile segment was Rs 727 crore while branded apparel segment and garmenting segment added Rs 391 crore and Rs 248 crore respectively. For the full financial year 2025, Raymond's total income stood at Rs 1,579 crore with a net profit of Rs 38 crore. Commenting on the results, Gautam Singhania, executive chairman in a statement said, 'Our performance this year was under pressure, primarily due to weak consumer demand and challenging macro-economic conditions. Despite these headwinds, we remain committed to our retail expansion strategy, resulting in the opening of 170 new stores reaching a total of 1,688 stores, including 152 stores in 'Ethnix by Raymond' during the year.' Raymond Lifestle portfolio of brands includes Park Avenue, Colorplus, Parx, Raymond Made to Measure, Raymond Ready to Wear, Sleepz by Raymond, and Ethnix by Raymond amongst others.
Time of India
13-05-2025
- Business
- Time of India
Raymond Lifestyle slips into loss of Rs 45 crore in Q4 FY25
New Delhi: Raymond Lifestyle Ltd, on Monday, has reported a consolidated net loss of Rs 45 crore for the fourth quarter ended March 31, 2025, hurt by muted demand and higher expenses. This compares to a profit of Rs 236 crore in the same period last year, which included a one-time gain from its discontinued FMCG operations, as per a regulatory filing. The company stated that its Q4 performance was impacted by high inflation, subdued consumer demand, and a ransomware attack that disrupted operations, resulting in temporary system outages and supply chain delays. The company's consolidated revenue from operations for Q4 stood at Rs 1,494 crore, down 11 per cent from Rs 1,685 crore in the year-ago quarter. For the full financial year FY25, revenue slipped to Rs 6,177 crore from Rs 6,535 crore in FY24. For the full year, Raymond Lifestyle posted total income of Rs 6,360 crore, with EBITDA at Rs 651 crore and a 10.2 per cent margin, down from the previous year. Prolonged heatwaves, the general elections, and fewer wedding dates were cited as macro headwinds impacting sales across channels. 'Despite the challenges, we opened 170 new stores in FY25, taking our retail footprint to 1,688 stores, including 152 Ethnix outlets. We are optimistic about FY26 as early signs of demand recovery are visible in April,' said Gautam Singhania , executive chairman of the company. Branded Textile: Revenue fell 21 per cent YoY to Rs 727 crore in Q4; EBITDA margin dropped to 7 per cent from 21.8 per cent due to demand softness and operational disruption. Branded Apparel: Revenue stood at Rs 391 crore vs Rs 409 crore YoY; EBITDA margin slumped to 0.4 per cent from 13.5 per cent amid retail expansion costs and adverse channel mix. Garmenting: Revenue flat at Rs 248 crore; EBITDA turned negative at -2.9 per cent vs 12 per cent last year due to new customer onboarding and training costs. High Value Cotton Shirting: Revenue dipped to Rs 185 crore; however, EBITDA margin surged to 33.1 per cent due to a one-time subsidy of Rs 53 crore. Raymond Lifestyle ended FY25 as a net cash surplus company with Rs 90 crore in cash. Further, the company said it expects the India-UK FTA to open new export opportunities and support its long-term growth ambitions in global value chains.
Business Mayor
12-05-2025
- Business
- Business Mayor
Raymond Lifestyle slips into loss of Rs 45 crore in Q4 FY25
New Delhi: Raymond Lifestyle Ltd, on Monday, has reported a consolidated net loss of Rs 45 crore for the fourth quarter ended March 31, 2025, hurt by muted demand and higher expenses. This compares to a profit of Rs 236 crore in the same period last year, which included a one-time gain from its discontinued FMCG operations, as per a regulatory filing. The company stated that its Q4 performance was impacted by high inflation, subdued consumer demand, and a ransomware attack that disrupted operations, resulting in temporary system outages and supply chain delays. The company's consolidated revenue from operations for Q4 stood at Rs 1,494 crore, down 11 per cent from Rs 1,685 crore in the year-ago quarter. For the full financial year FY25, revenue slipped to Rs 6,177 crore from Rs 6,535 crore in FY24. For the full year, Raymond Lifestyle posted total income of Rs 6,360 crore, with EBITDA at Rs 651 crore and a 10.2 per cent margin, down from the previous year. Prolonged heatwaves, the general elections, and fewer wedding dates were cited as macro headwinds impacting sales across channels. 'Despite the challenges, we opened 170 new stores in FY25, taking our retail footprint to 1,688 stores, including 152 Ethnix outlets. We are optimistic about FY26 as early signs of demand recovery are visible in April,' said Gautam Singhania, executive chairman of the company. Branded Textile: Revenue fell 21 per cent YoY to Rs 727 crore in Q4; EBITDA margin dropped to 7 per cent from 21.8 per cent due to demand softness and operational disruption. Read More Uniqlo risks boycott in China after CEO's Xinjiang comment Branded Apparel: Revenue stood at Rs 391 crore vs Rs 409 crore YoY; EBITDA margin slumped to 0.4 per cent from 13.5 per cent amid retail expansion costs and adverse channel mix. Garmenting: Revenue flat at Rs 248 crore; EBITDA turned negative at -2.9 per cent vs 12 per cent last year due to new customer onboarding and training costs. High Value Cotton Shirting: Revenue dipped to Rs 185 crore; however, EBITDA margin surged to 33.1 per cent due to a one-time subsidy of Rs 53 crore. Raymond Lifestyle ended FY25 as a net cash surplus company with Rs 90 crore in cash. Further, the company said it expects the India-UK FTA to open new export opportunities and support its long-term growth ambitions in global value chains.
Business Standard
12-05-2025
- Business
- Business Standard
Raymond Lifestyle reports consolidated net loss of Rs 44.95 crore in the March 2025 quarter
Sales decline 11.30% to Rs 1494.15 crore Net loss of Raymond Lifestyle reported to Rs 44.95 crore in the quarter ended March 2025 as against net profit of Rs 235.58 crore during the previous quarter ended March 2024. Sales declined 11.30% to Rs 1494.15 crore in the quarter ended March 2025 as against Rs 1684.55 crore during the previous quarter ended March 2024. For the full year,net profit declined 98.56% to Rs 38.19 crore in the year ended March 2025 as against Rs 2644.72 crore during the previous year ended March 2024. Sales declined 5.49% to Rs 6176.74 crore in the year ended March 2025 as against Rs 6535.41 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1494.151684.55 -11 6176.746535.41 -5 OPM % 0.9114.62 - 7.5714.33 - PBDT 45.77241.90 -81 443.64895.28 -50 PBT -45.31171.69 PL 122.29648.98 -81 NP -44.95235.58 PL 38.192644.72 -99
Hans India
12-05-2025
- Business
- Hans India
Raymond Lifestyle suffers Rs 45 crore net loss in Q4; revenue and margins take a hit
Raymond Lifestyle on Monday reported a consolidated net loss of Rs 45 crore for the fourth quarter (Q4) of FY25, compared to net profit of Rs 236 crore in the same period last fiscal (Q4 FY24). The poor performance was largely due to a significant drop in revenue and margins, as well as rising costs. The company's revenue from operations fell 11.3 per cent year-on-year (YoY) to Rs 1,494 crore in Q4, down from Rs 1,684 crore in Q4 FY24. The fall in revenue was attributed to weak consumer demand and the impact of a ransomware attack, which disrupted operations, according to its stock exchange filing. Executive Chairman Gautam Singhania said the company's performance was under pressure due to weak consumer sentiment and difficult macro-economic conditions. 'Our performance this year was under pressure, primarily due to weak consumer demand and challenging macro-economic conditions,' Singhania stated. However, he reaffirmed Raymond Lifestyle's commitment to building a sustainable and profitable business for the long term. Earnings before interest, tax, depreciation, and amortisation (EBITDA) dropped sharply by 94.5 per cent to just Rs 13.6 crore, compared to Rs 246.2 crore in the same quarter last fiscal. As a result, the EBITDA margin shrank drastically to just 1 per cent from 14.6 per cent a year ago period. Total expenses rose to Rs 1,625.08 crore in Q4, an increase of 4.45 per cent over Rs 1,555.8 crore in the corresponding quarter of FY24, further pressuring profitability. Segment-wise, the branded textile business, one of the company's major revenue drivers, saw a 21 per cent decline in revenue to Rs 727 crore in Q4, down from Rs 920 crore in the same quarter last financial year. This segment also experienced a sharp fall in EBITDA margins, dropping to 7 per cent from 21.8 per cent, mainly due to scale de-leverage caused by weaker demand and operational disruption. The branded apparel segment posted revenue of Rs 391 crore in the March quarter, slightly down from Rs 409 crore a year ago. The segment's EBITDA margin fell to just 0.4 per cent, compared to 13.5 per cent last financial year. The fall was due to higher upfront investments in expanding the retail store network and an unfavourable channel mix.
