Mumbai— Raymond Lifestyle reported a consolidated net loss of ₹45 crore in the fourth quarter of FY25, a sharp reversal from a profit of ₹236 crore during the same period last year. The decline was driven by falling revenue, squeezed margins, and rising operational costs.
Revenue from operations dropped 11.3% year-over-year to ₹1,494 crore, down from ₹1,684 crore in Q4 FY24. The company attributed the shortfall to weak consumer demand and disruptions caused by a ransomware attack.
“Our performance was under pressure due to subdued consumer sentiment and challenging macroeconomic conditions,” said Executive Chairman Gautam Singhania. He emphasized the company’s continued focus on building a sustainable, long-term business.
EBITDA plunged 94.5% to ₹13.6 crore from ₹246.2 crore a year ago, with margins shrinking to just 1% from 14.6%.
Total expenses rose 4.5% to ₹1,625 crore in Q4, adding further strain to profitability.
In its branded textile segment, revenue fell 21% to ₹727 crore, while EBITDA margins dropped sharply to 7% from 21.8%, reflecting reduced scale and disrupted operations.
The branded apparel segment reported revenue of ₹391 crore, down slightly from ₹409 crore in Q4 FY24. Margins in this segment dropped to just 0.4%, down from 13.5%, due to higher upfront investments in retail expansion and an unfavorable channel mix. (Source: IANS)
