Raymond Lifestyle posts Rs 75 crore Q2 profit even as marketing spend rises

Raymond Lifestyle Ltd on Wednesday announced its second-quarter results for fiscal year 2026 (Q2 FY26). The company reported a profit of Rs 75 crore for the July–September quarter, up from Rs 42 crore in the same period last year.

Revenue from operations stood at Rs 1,832 crore in Q2 FY26, compared to Rs 1,708 crore in Q2 FY25. Total income for the quarter was Rs 1,865 crore, up from Rs 1,735 crore in Q2 FY25.

According to the compnay, branded textile segment revenue grew by 10% to Rs 937 crore in Q2 FY26 compared to Rs 854 crore in Q2 FY25, driven by higher wedding dates and increased consumer awareness. Branded apparel segment revenue stood at Rs 491 crore in Q2 FY26- 11% jump YoY, while garmenting segment reported revenue at Rs 269 crore in the same period, up 4% YoY despite continued uncertainty on account of US tariffs announcements. High value cotton shirting segment reported revenue of Rs 212 crore in Q2 FY26 as compared to Rs 228 crore in Q2 FY25.

The company’s EBITDA reached Rs 259 crore in Q2 FY26, with a margin of 13.9%, achieved despite consciously increasing advertising spend.

However, Raymond Lifestyle noted that growth in international business — particularly garmenting and B2B exports — was partly offset by headwinds during Q2 FY26. These included steep US tariffs, deferred orders and margin pressure from overseas buyers, even as strong domestic demand across core lifestyle categories strengthened performance.

“Our quarterly performance reflects encouraging momentum driven by strong domestic demand across core lifestyle categories. Even as we navigate global macro-economic headwinds, we remain focused on agility and strategic foresight — closely tracking opportunities from the UK-India Free Trade Agreement and potential risks from US tariff changes. This disciplined approach ensures we continue creating enduring value for all stakeholders,” said Gautam Hari Singhania, Executive Chairman of Raymond Lifestyle Ltd.

As on September 30, 2025, Raymond Lifestyles store count stood at 1,663. On offline expansion, the company said, "Our ongoing drive for optimization of our retail network continues, to ensure our retail footprint is precisely aligned with our long-term growth and profitability objectives".