13-05-2025
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.
