Raymond Lifestyle reported Q1 FY25 revenue of ₹12.49 billion, down 8 per cent YoY, affected by subdued demand, heat waves, elections, and inflation.
EBITDA dropped 52 per cent to ₹870 million, reducing the margin to 7 per cent from 14 per cent.
The company’s branded textile revenue fell 18 per cent in Q1 FY25, while apparel remained flat.