Raymond Lifestyle Q3 Profit Dips 33% to Rs 42.86 Cr Amid US Tariffs

• Raymond Lifestyle reported a 33.2% decline in consolidated net profit, reaching Rs 42.86 crore for Q3 FY26, down from Rs 64.17 crore a year ago.
• Revenue from operations increased by 5.38% to Rs 1,848.72 crore, driven by robust domestic demand in Branded Textile and Apparel divisions.
• The garment segment saw a 17% degrowth in revenue to Rs 258 crore, significantly impacted by US tariffs and global economic headwinds.
• Domestic consumption remained strong, offsetting international pressures, ensuring the company maintained its overall growth trajectory.
• Executive Chairman Gautam Hari Singhania highlighted strategic efforts to mitigate global headwinds, focusing on UK-India FTA and US trade policy changes.

Why It Matters: Raymond Lifestyle's Q3 profit fell due to US tariffs impacting garment exports, despite strong domestic demand boosting overall revenue.