Raymond Lifestyle Ltd has posted a ₹45 crore net loss in Q4 FY25, marking a sharp decline from its ₹236 crore profit in the same period last year. The company’s revenue fell 11.3% YoY to ₹1,494 crore, impacted by weak consumer demand and a ransomware attack that disrupted operations.
Revenue Decline and Margin Pressure
Raymond Lifestyle’s EBITDA plunged 94.5% YoY, dropping to ₹13.6 crore, compared to ₹246.2 crore in Q4 FY24. The EBITDA margin shrank to just 1%, down from 14.6% last year, reflecting higher expenses and operational disruptions.
Segment-Wise Performance
- Branded Textile: Revenue declined 21% YoY to ₹727 crore, with EBITDA margins falling to 7% from 21.8%, due to scale de-leverage and weaker demand.
- Branded Apparel: Revenue dipped to ₹391 crore, down from ₹409 crore YoY, while EBITDA margins collapsed to 0.4% from 13.5%, impacted by retail expansion costs and an unfavorable channel mix.
- Garmenting: Revenue remained flat at ₹248 crore, but EBITDA turned negative at -2.9%, compared to 12% last year, due to new customer onboarding and training costs.
Cyberattack Disrupts Operations
A ransomware attack led to temporary system outages and supply chain delays, further affecting sales and profitability. The company’s IT team, with cybersecurity experts, contained the attack, but the disruption weighed heavily on Q4 performance.
Future Outlook and Expansion Plans
Despite challenges, Raymond Lifestyle remains optimistic about FY26, citing early signs of demand recovery in April. The company opened 170 new stores in FY25, expanding its retail footprint to 1,688 outlets, including 152 Ethnix stores.
With strategic retail expansion and operational recovery, Raymond Lifestyle aims to navigate market challenges while strengthening its brand presence.
