Raymond Lifestyle Q3 Profit Plunges 33% Amid Export Pressure, US Tariffs

• Raymond Lifestyle reported a 33% year-on-year decline in Q3 FY26 net profit, falling to Rs 42.86 crore from Rs 64 crore.
• The profit drop is primarily attributed to headwinds in international operations, particularly US tariff hikes impacting garmenting and B2B export segments.
• Despite international challenges, domestic demand remained robust, supporting a 5.3% revenue increase to Rs 1,848 crore.
• The textile segment saw strong growth with Rs 951 crore revenue and improved EBITDA margins, while branded apparel revenue rose but EBITDA declined due to higher marketing spends.
• Gautam Hari Singhania highlighted resilience through domestic growth and strategic focus on mitigating global economic headwinds, including the UK-India FTA.

Why It Matters: Raymond Lifestyle's Q3 profit fell significantly due to US tariffs and export pressure, despite strong domestic demand.