Raymond Lifestyle’s Q1 EBITDA beats estimates by 21%; Motilal Oswal retains Buy
Motilal Oswal has retained its Buy rating on Raymond Lifestyle after its June-quarter EBITDA came in 21% above estimates, aided by garmenting performance and cost rationalisation. The brokerage’s Rs 880 target price implies roughly 21% upside.
Motilal Oswal retained a Buy on Raymond Lifestyle after June-quarter EBITDA beat estimates by 21%, supported by garmenting strength and cost rationalisation. Its Rs 880 target implies about 21% upside.
Why this matters
The EBITDA beat follows signs of stronger garmenting export orders and CEO Satyaki Ghosh's Ethnix network trimming for FY27 consolidation. It also follows a Q1 report in which Raymond Lifestyle's loss widened to ₹22.59 crore despite 6% revenue growth.
Retail-company signals are accelerating, up 199,400% QoQ.