Raymond Lifestyle Q1 loss widens as revenue rises 6%; garmenting sales jump 50%
Raymond Lifestyle posted a ₹22.59 crore Q1 FY27 net loss, versus a ₹19.82 crore loss a year earlier, despite revenue rising to ₹1,515.51 crore. Garmenting revenue grew 50% on export-order execution, while the retail network was optimised to 1,627 stores.
Raymond Lifestyle’s Q1 FY27 loss widened to ₹22.59 crore despite 6% revenue growth. Garmenting revenue rose 50% on export-order execution, while apparel growth was aided by casual brands, large-format stores and online channels. The retailer optimised its network to 1,627 stores.
Why this matters
The wider Q1 loss follows a recent signal on 5.9% revenue growth and comes as Raymond Lifestyle trades at 0.5x book while betting on Ethnix; the company also recently appointed a CEO amid a broader retail reshuffle.
retail-company is accelerating, up 218050% QoQ.