Raymond Lifestyle Q2 profit surges 78%, revenue growth led by domestic demand

Raymond Lifestyle reported its earnings for the September quarter on Wednesday, October 29. In response, the stock is down 2%.

The company’s net profit rose 78% year-on-year to ₹75 crore compared to ₹42 crore in the same period last year. The PAT figure includes an exceptional loss of ₹4.68 crore versus ₹59.4 crore a year ago.

Revenue grew 7.3% to ₹1,832.4 crore from ₹1,708 crore, driven by strong domestic demand during the quarter.

EBITDA increased 5.3% to ₹226 crore from ₹215 crore, with margins slightly lower at 12.3% compared to 12.6% last year.

The textile segment’s performance was driven by strong volume growth and a higher number of wedding dates, while the garmenting and B2B export segments faced challenges due to order deferrals and margin pressure arising from US tariffs.