Raymond Way of life stories This fall web lack of Rs 45 crore

Raymond Way of life reported a consolidated web lack of 45 million rupees ($ 5.four million) for the fourth quarter that ended on March 31, in comparison with a web acquire of RS 236 million rupees within the interval of the earlier yr.

Raymond’s revenues of operations fell 11 p.c to RS 1,494 million rupees, in comparison with RS 1,685 million rupees within the earlier yr.

Throughout the quarter, the revenues of Raymond Way of life of the textile phase had been 727 million rupees, whereas the model clothes phase and the garment phase added RS 391 million rupees and RS 248 million rupees, respectively.

For the complete monetary yr 2025, Raymond’s complete revenue stood at 1,579 million rupees with a web acquire of RS 38 million rupees.

When commenting on the outcomes, Gautam Singhania, govt president, in an announcement, stated: “Our efficiency this yr was below strain, primarily as a result of weak demand of shoppers and difficult macroeconomic situations. Regardless of these winds in opposition to, we proceed to decide to our retail enlargement technique, ensuing within the opening of 170 new shops.”

The Raymond Lifestle model portfolio consists of Park Avenue, ColorPlus, Parx, Raymond to measure, Raymond Able to Put on, Sleepz By Raymond and Ethnix of Raymond, amongst others.