Raymond Lifestyle Reports Q4 Net Loss Improvement Amid Revenue Decline
Raymond Lifestyle's Q4 financial results show a mixed performance. Net loss improved to ₹450 million from ₹1.30 billion year-over-year, but revenue declined to ₹14.90 billion from ₹16.80 billion. The company also saw a sequential improvement in net loss from ₹642 million in Q3 to ₹450 million in Q4, indicating ongoing efforts to streamline operations.
12May 25
Raymond Lifestyle Reports Q4 FY25 Loss Amid Cyberattack and Weak Demand
Raymond Lifestyle faced significant financial challenges in Q4 FY25, reporting a net loss of ₹45.00 crore and an 11.3% revenue decline to ₹1,494.20 crore. EBITDA plummeted by 94.6% to ₹13.20 crore. The poor performance was attributed to weak market demand and a disruptive ransomware attack that affected supply chains and sales across business segments. Despite these setbacks, the company maintains a net cash surplus of ₹90.00 crore.
06May 25
Raymond Lifestyle Set to Unveil Q4 Financial Results on May 12
Raymond Lifestyle, a major player in the Indian textile and apparel industry, has announced it will review its fourth quarter (Q4) financial results on May 12. This announcement signals the company's readiness to disclose its earnings report for the most recent fiscal quarter, providing crucial insights into its performance for investors and market analysts.
19Feb 25
Raymond Lifestyle Ltd. Addresses Cybersecurity Incident, Assures Normal Operations
Raymond Lifestyle Ltd. has disclosed a cybersecurity incident affecting some IT assets. The company has isolated affected systems and engaged cybersecurity experts for mitigation. Core systems, customer operations, and store functions remain unaffected. An investigation is ongoing, with containment and remediation actions being implemented.