Raymond Lifestyle reported its highest quarterly revenue, reaching ₹1,883 crores in Q3 FY26, with EBITDA at ₹271 crores, marking a 23% year-on-year growth. Margin expansion improved from 12.3% to 14.4%. The company noted strong volume growth in textiles and apparel, driven by premiumization and higher capacity utilization. For the nine-month period, revenue grew by 9% to ₹5,223 crores, and EBITDA increased by 18% to ₹652 crores.
Financial Performance Highlights
Raymond Lifestyle reported a landmark quarter, achieving the highest quarterly revenue in the company’s history. Key highlights include:
- Total income of ₹1,883 crores.
- EBITDA of ₹271 crores, a 23% year-on-year increase.
- Margin expansion from 12.3% to 14.4%.
- Revenue growth for the nine-month period increased by 9% to ₹5,223 crores.
- EBITDA for the nine-month period grew by 18% to ₹652 crores, with margins improving from 11.6% to 12.5%.
This performance was attributed to strong volume growth in the core textile and apparel business, along with margin expansion through premiumization and improved product mix.
Strategic Initiatives and Product Innovation
Raymond Lifestyle emphasized its commitment to brand building and product innovation. Key developments include:
- Expansion of techno-series fabrics with features like stretch, wrinkle-resistance, and stain-resistance.
- Launch of distinctive brands such as Spectra and Royal Soft.
- Strengthening of suiting portfolio through Regio Italia, Bello Italia, Super Luxe, and Draped Coat collections.
Retail Expansion and Network Strategy
The company continues to calibrate its retail expansion strategy, with a focus on:
- Selective expansion across formats and geographies.
- Differentiation in store formats for Tier-2 and Tier-3 markets.
- Rationalization of the network by exiting low-performing stores.
Raymond is strengthening its analytics and supply chain systems to enhance responsiveness and efficiency.
ESG Initiatives
Raymond Lifestyle remains committed to ESG principles. Key initiatives include:
- Operating all entities with 100% independent directors.
- Maintaining single-digit employee attrition.
- Women comprising approximately 40% of the employee base.
- Targets for environmental sustainability, including a 15% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030.
Looking Ahead
Raymond Lifestyle is focused on driving volume growth in textiles and apparel, expanding margins through premiumization, and compounding value with discipline. The company aims to strengthen its leadership in branded textiles and scale apparel with discipline.
Source: BSE
