Raymond Lifestyle Limited — Results, 30-01-2025: Integrated Filing- Financial
30-01-2025 | 03:12 pm
30-01-2025 | 03:12 pm
Raymond Lifestyle Limited reported total income of ₹1,796 crore for the quarter ended 31st December 2024, a modest increase of 2% year-on-year. EBITDA declined to ₹221 crore, reflecting a significant drop in the margin to 12.3%, down from 18.0% a year ago, impacted by weaker consumer demand. The company has successfully opened 61 new stores, bringing the total to 1,653.
Despite challenging market conditions, the management maintains a positive outlook and continues to focus on retail expansion and product innovation to build a sustainable business. Investors may perceive this as an opportunity, although risks remain due to ongoing consumer sentiment issues.
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