Raymond Lifestyle reported Q1 FY27 financial results showing Total Income up 6% YoY to ₹1,560 Cr, with EBITDA climbing 11% to ₹135 Cr. However, Profit Before Tax (PBT) saw a decline to (₹38) Cr, mainly due to macroeconomic pressures and elevated raw material costs.
A standout performer was the Garmenting business, which surged over 50%, driven by robust order book execution and new global clients. The company is strategically focused on Premiumization (shifting to high-value fabrics like wool and linen) and Casualization (expanding smart casuals). They are also optimizing their retail footprint, closing 48 net underperforming stores while opening new ones. Financially, the balance sheet strengthened, turning net cash positive at ₹154 Cr and improving working capital. Management is targeting double-digit top-line and higher double-digit EBITDA growth for FY27.