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India’s Raymond Lifestyle expands retail network despite revenue drop

Raymond Lifestyle Limited reported a 6.2 per cent year-over-year income decline in Q2 FY25, with revenue at ₹1,735 crore (~$20.59 million).
H1 FY25 income fell by 6.8 per cent to ₹2,985 crore.
The EBITDA margin decreased from 16.6 per cent to 13.9 per cent, and PBT dropped 44.8 per cent due to weak consumer demand.
Branded Textile revenue declined, while Branded Apparel grew modestly.Raymond Lifestyle Limited reported a 6.2 per cent year-over-year income decline in Q2 FY25, with revenue at ₹1,735 crore (~$20.59 million).
H1 FY25 income fell by 6.8 per cent to ₹2,985 crore.
The EBITDA margin decreased from 16.6 per cent to 13.9 per cent, and PBT dropped 44.8 per cent due to weak consumer demand.
Branded Textile revenue declined, while Branded Apparel grew modestly.

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