Raymond Lifestyle Limited , India's leading integrated manufacturer of worsted suiting and high-value shirting fabrics, has announced robust financial results for the second quarter of fiscal year 2026, driven by strong domestic consumption despite global headwinds.

Key Financial Highlights

The company reported a total income of ₹1,865.00 crore in Q2 FY26, marking an 8.00% year-on-year growth from ₹1,735.00 crore in Q2 FY25. EBITDA also saw a healthy increase of 7.00%, reaching ₹259.00 crore, while maintaining a stable EBITDA margin of 13.90%.

Segment Performance

Branded Textile

• Revenue grew by 10% to ₹937.00 crore
• EBITDA increased by 16% to ₹188.00 crore
• EBITDA margin improved to 20.00% from 18.90% in Q2 FY25

Branded Apparel

• Revenue rose by 11% to ₹491.00 crore
• EBITDA decreased to ₹25.00 crore from ₹57.00 crore in Q2 FY25
• EBITDA margin declined to 5.20% from 13.00% due to increased marketing spend and new store openings

Garmenting

• Revenue grew by 4% to ₹269.00 crore
• EBITDA margin decreased to 5.40% from 9.60% due to US tariff impacts

High Value Cotton Shirting

• Revenue declined by 7% to ₹212.00 crore
• EBITDA increased to ₹25.00 crore from ₹22.00 crore
• EBITDA margin improved to 11.80% from 9.70%

Domestic Growth Offsets Global Challenges

The company's performance was primarily fueled by accelerating domestic demand across India, particularly in its core Branded Textile and Branded Apparel segments. This strong domestic consumption helped offset challenges in the international business, especially in the garmenting and B2B export segments, which faced headwinds due to steep US tariffs.

Gautam Hari Singhania, Executive Chairman of Raymond Lifestyle Limited, commented on the results: "Our quarterly performance reflects encouraging momentum driven by a strong domestic demand across core lifestyle categories. Even as we navigate global macroeconomic 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."

Strategic Focus and Outlook

Raymond Lifestyle is capitalizing on buoyant consumer sentiment in the home market while navigating global challenges. The company has increased its advertising expenditure as a calibrated investment to strengthen long-term brand equity and consumer engagement.

As of September 30, 2025, the company's retail network expanded to 1,663 stores, up from 1,592 stores a year earlier. However, the company noted that recently opened stores are expected to take more time to reach full maturity, and it continues to optimize its retail network for long-term growth and profitability.

The company reported a net debt position of ₹246.00 crore in Q2 FY26, attributed to inventory build-up for the upcoming festive and wedding season.

Despite the positive domestic performance, Raymond Lifestyle remains cautious about global macroeconomic factors, particularly the impact of US tariffs on its international business. The company is closely monitoring potential opportunities arising from the UK-India Free Trade Agreement while managing risks associated with changes in US tariff policies.

As Raymond Lifestyle continues to navigate these mixed market conditions, its focus on domestic growth, strategic investments, and agile management approach positions it to capitalize on India's robust consumer demand while working to mitigate international challenges.

Raymond Lifestyle , a prominent player in the real estate sector, has taken a significant step towards expansion by approving the creation of a new entity called Chembur Realty Limited. This strategic move, approved by the company's board, is aimed at focusing on new real estate projects, potentially signaling a robust growth strategy for the company.

Corporate Restructuring for Growth

The decision to establish Chembur Realty Limited appears to be part of Raymond Lifestyle's broader corporate restructuring initiative. This new entity is expected to spearhead the company's efforts in developing and managing new real estate projects, possibly with a specific focus on the Chembur area of Mumbai.

Strategic Implications

This corporate action by Raymond Lifestyle could have several strategic implications:

1. Focused Approach: By creating a dedicated entity for new projects, Raymond Lifestyle may be aiming to bring more focus and specialized management to its expansion plans.

2. Risk Management: Separating new projects under a different entity could be a strategy to manage risks more effectively, isolating potential challenges from the parent company's operations.

3. Market Positioning: The formation of Chembur Realty Limited might allow Raymond Lifestyle to better position itself in specific market segments or geographical areas.

4. Operational Efficiency: This restructuring could lead to improved operational efficiency by allowing the new entity to operate with its own dedicated resources and management.

Potential Impact on Stakeholders

While the full details of this corporate restructuring are yet to be disclosed, stakeholders, including investors and potential homebuyers, will likely be watching closely to see how this move affects Raymond Lifestyle's market position and project pipeline.

As the real estate market continues to evolve, Raymond Lifestyle's decision to create Chembur Realty Limited demonstrates the company's proactive approach to adapting its business structure to meet market demands and capitalize on new opportunities in the sector.