Raymond Lifestyle Q1 Results: Loss Narrows

Raymond Lifestyle Ltd.'s net loss narrowed in the first quarter of FY26, according to an exchange filing on Wednesday.

The net loss stood at Rs 19.82 crore in the quarter ended June against a loss of Rs 23.21 crore in the year-ago period.

• Revenue up 17.2% to Rs 1,430.43 crore versus Rs 1,220.12 crore.

• Net loss at Rs 19.82 crore versus loss of Rs 23.21 crore.

• Ebitda up 29% to Rs 77 crore versus Rs 59.72 crore.

• Margin at 5.4% versus 4.9%.

Shares of Raymond Lifestyle closed 4.3% lower at Rs 1,175 apiece on the National Stock Exchange before the announcement, compared to a 0.31% decline in the benchmark Nifty.

Three analysts tracking the company have a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price targets implies a potential downside of 34.4%.