Raymond Lifestyle delivered improved financial results for the fourth quarter, with net loss narrowing to ₹45 crore compared to a loss of ₹52.1 crore in the corresponding period last year. According to reports from CNBC TV18, the company demonstrated strong operational improvements despite remaining in losses. The quarterly performance showed significant year-on-year growth across key metrics, indicating enhanced business fundamentals.
Revenue for the quarter rose 18.9% year-on-year to ₹1,776.5 crore, up from ₹1,494.2 crore in the corresponding period last year. As reported by CNBC TV18, this substantial revenue growth reflects the company's ability to expand its market presence and product offerings. Shares of Raymond Lifestyle ended higher on the NSE, rising 4.91% to ₹830.00 at close, reflecting positive investor sentiment toward the improving performance metrics.
The company's EBITDA came in at ₹118.5 crore, significantly higher than ₹13.6 crore reported in the same quarter a year ago. According to CNBC TV18, the EBITDA margin expanded to 6.7% from 1% in the year-ago period, reflecting an improvement in operating performance on a year-on-year basis. This margin expansion demonstrates the company's enhanced operational efficiency and cost management capabilities.
The growth in revenue and EBITDA, along with margin expansion, indicates a stronger quarterly performance compared to the corresponding period last year, even as the company remained in losses. As reported by CNBC TV18, this performance improvement has been well-received by investors, with shares rising 4.91% to ₹830.00 on the NSE, suggesting market confidence in the company's operational trajectory and future prospects.
