Raymond Way of life Ltd. reported a consolidated internet lack of Rs 44.95 crore for the March quarter, citing weaker shopper demand and decrease gross sales as a consequence of system outages.
The corporate, a part of the Raymond Group, had posted a internet revenue of Rs 235.58 crore in the identical quarter final yr, in keeping with its regulatory submitting on Monday.
Income from operations declined 11% to Rs 1,494.15 crore, in comparison with Rs 1,684.55 crore within the year-ago interval.
“Ebitda stood at Rs 99 crore within the fourth quarter of fiscal 2025, with an Ebitda margin of 6.3%, impacted by excessive inflation and weaker shopper demand. This was additional exacerbated by a ransomware assault that disrupted operations,” the corporate said.
The agency’s IT staff, with the assistance of cybersecurity specialists, managed to include the assault. Nevertheless, momentary system outages and provide chain delays affected gross sales and general profitability.
Whole bills for the Singhania family-promoted agency rose 4.45% to Rs 1,625.08 crore throughout the quarter.
Income from the textile section, which incorporates the branded cloth enterprise, dropped by 21% to Rs 727.35 crore, primarily as a consequence of weaker demand and the ransomware assault. Equally, the branded attire section noticed a 4.26% decline in income to Rs 391.2 crore.
“The section reported an Ebitda margin of 0.4% within the fourth quarter of fiscal 2025, down from 13.5% within the fourth quarter of fiscal 2024, as a consequence of upfront investments in retail retailer enlargement and an unfavorable channel combine,” the corporate added.
The garmenting section recorded almost flat revenues at Rs 248 crore, affected by a cautious buyer strategy forward of potential US tariff bulletins.
Raymond Way of life’s whole revenue, together with different revenue, stood at Rs 1,579.77 crore, reflecting an 8.5% decline.
For the fiscal yr ended March 31, 2025, the corporate posted a revenue of Rs 38.19 crore.
Its whole consolidated revenue for fiscal 2025 fell by 5% to Rs 6,689.80 crore.
Commenting on the annual consequence, Govt Chairperson Gautam Singhania stated, “Our efficiency this yr was below stress, primarily as a consequence of weak shopper demand and difficult macroeconomic situations.”
“Regardless of these headwinds, we stay dedicated to our retail enlargement technique, ensuing within the opening of 170 new shops reaching a complete of 1,688 shops, together with 152 shops in ‘Ethnix by Raymond’ throughout the yr,” it stated.
That is the third quarter results of Raymond Way of life, which demerged from the dad or mum firm Raymond Ltd and listed on the inventory exchanges on Sept. 5 final yr.
It has a portfolio of manufacturers comparable to Park Avenue, ColorPlus, Parx, Raymond Made to Measure, Raymond Able to Put on, Sleepz by Raymond, and Ethnix by Raymond amongst others.
(With PTI Inputs)
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