Mumbai: Raymond Lifestyle Limited has announced its unaudited financial results for the quarter ended September 30, 2025, reporting steady growth led by robust domestic consumption and strategic brand investments.
Raymond Lifestyle Q2FY26 total income stood at ₹1,865 crore, an 8% year-on-year increase, demonstrating the resilience of India’s lifestyle and fashion retail sector.
Raymond Lifestyle Q2FY26: Domestic Market Drives Overall Growth
During Raymond Lifestyle Q2FY26, the company achieved an EBITDA of ₹259 crore, translating to a margin of 13.9%.
This performance was achieved despite higher advertising and marketing expenditures aimed at reinforcing brand equity and consumer engagement.
Also Read: Pepe Jeans London Appoints Rakesh Jallipally as India CEO
The growth in profitability reflected the benefits of improved product mix, scale leverage, and cost optimization, supported by selective closure of underperforming stores.
Branded Textile and Apparel Segments Lead Performance
The Branded Textile segment recorded a 10% year-on-year rise in revenue to ₹937 crore in Raymond Lifestyle Q2FY26, supported by higher wedding-related demand, stronger consumer sentiment, and increased awareness. Segment EBITDA rose 16% to ₹188 crore, with margins expanding to 20%.
The Branded Apparel business registered revenue of ₹491 crore, up 11% from the same period last year, reflecting growth across all key brands and channels, including Large Format Stores (LFS), Exclusive Brand Outlets (EBOs), Multi-Brand Outlets (MBOs), and online platforms.
EBITDA for the segment stood at ₹25 crore, compared to ₹57 crore in Q2FY25, as the company ramped up marketing investments and opened several new stores that are yet to reach full productivity.
Export and Garmenting Segments Face External Headwinds
The Garmenting segment reported revenue of ₹269 crore in Raymond Lifestyle Q2FY26, up 4% from last year despite challenges posed by US tariffs that affected export competitiveness and margins. EBITDA margin for the segment was 5.4%, compared to 9.6% in Q2FY25.
Meanwhile, the High-Value Cotton Shirting division posted revenue of ₹212 crore, reflecting a 7% decline due to subdued demand. However, its EBITDA improved to ₹25 crore with an 11.8% margin, benefiting from a refined product mix.
Also Read: Sunil Kataria Appointed CEO and MD of Godrej Agrovet
Retail Network Expansion and Strategic Outlook
As of September 30, 2025, Raymond Lifestyle operated 1,663 retail stores, compared to 1,592 stores in the same period last year.
The company’s expansion strategy remains focused on aligning retail presence with profitability objectives while preparing inventory for the upcoming festive and wedding seasons. Net debt stood at ₹246 crore at the end of Q2FY26.
Commenting on the results, Gautam Hari Singhania, Executive Chairman of Raymond Lifestyle Limited, said, “Our quarterly performance reflects encouraging momentum driven by strong domestic demand across core lifestyle categories. While global challenges persist, we remain agile and strategically focused on leveraging opportunities from trade agreements and mitigating tariff-related risks.”
