Raymond Lifestyle Limited delivered a stable performance in the third quarter of FY26, supported by strong domestic consumption across its core categories, even as export-oriented businesses continued to face pressure from global trade uncertainties. The company reported total income of ₹1,883 crore for the quarter ended December 31, 2025, marking a year-on-year increase of 5 percent compared to ₹1,796 crore in the same period last year. Sequentially, revenue remained broadly steady against ₹1,865 crore in Q2 FY26.
Operating profitability saw a sharper improvement. EBITDA rose 23 percent year-on-year to ₹271 crore, driven by higher volumes, a favourable product mix and better cost control. EBITDA margin expanded to 14.4 percent, up from 12.3 percent a year earlier. Profit before tax, excluding exceptional items, stood at ₹118 crore, registering a 36 percent growth over Q3 FY25, with margins improving to 6.3 percent.
For the nine months ended December 2025, Raymond Lifestyle posted total income of ₹5,223 crore, up 9 percent year-on-year. EBITDA for the period increased 18 percent to ₹652 crore, while profit before tax grew 20 percent to ₹201 crore.
Segment-wise, the Branded Textile business continued to anchor growth. Revenue from the segment rose 11 percent year-on-year to ₹951 crore, supported by strong wedding demand and higher consumer traction. Segment EBITDA climbed 35 percent to ₹207 crore, with margins improving to 21.8 percent.
The Branded Apparel segment reported revenue of ₹482 crore, reflecting a 5 percent increase, driven by growth across physical stores and online channels. However, EBITDA declined to ₹35 crore due to higher marketing investments and lower initial productivity at new stores.
The Garmenting business remained under strain amid export challenges, with revenue declining 17 percent to ₹258 crore. In contrast, the High Value Cotton Shirting segment delivered modest growth, aided by an improved product mix.
As of December 31, 2025, Raymond Lifestyle operated 1,675 stores and ended the quarter with net debt of ₹15 crore, maintaining a largely debt-neutral balance sheet. Executive Chairman Gautam Hari Singhania said the company remains focused on leveraging domestic demand while navigating global headwinds through strategic sourcing and trade initiatives.
