Raymond Lifestyle Q1 loss widens to ₹22.6 crore as garmenting revenue rises 50%
Raymond Lifestyle reported a consolidated net loss of ₹22.60 crore for the quarter ended June 30, compared with a ₹19.82 crore loss a year earlier. Its garmenting business revenue increased 50% year on year.
Raymond Lifestyle reported a widened Q1 consolidated net loss of Rs. 22.60 crore versus Rs. 19.82 crore a year earlier, while its garmenting revenue rose 50%.
Why this matters
The result extends Raymond Lifestyle’s recent pattern of widening Q1 losses despite revenue growth, while its garmenting sales continue to accelerate. Recent signals also highlighted its 0.5x book valuation and Ethnix ethnic-wear expansion.
Retail-company signals are accelerating, up 220183% quarter on quarter.
Also reported by
- Apparel Resources India — Same time