Raymond Lifestyle Q2 FY27: Total Income at ₹2,125 Cr, Up 14% YoY
Raymond Lifestyle reported Q2 FY27 total income of ₹2,125 crore (up 14% YoY) and revenue from operations at ₹2,075 crore (up 13% YoY). H1 FY27 total income grew 10% to ₹3,685 crore. Q2 EBITDA was ₹270 crore (up 4% YoY) with a 12.7% margin. The company ended Q2 with a net cash surplus of ₹69 crore.
The announcement details significant financial performance improvements across multiple segments, including record quarterly income and revenue growth. The positive outlook and reiteration of guidance, along with improved cash flow and working capital management, are material positive developments for investors.
The company reported strong year-on-year growth in total income and revenue from operations for both Q2 and H1 FY27. Key segments like Branded Apparel and Garmenting showed significant growth, and the company maintained a positive net cash position while reiterating its full-year guidance.
Raymond Lifestyle Limited announced its financial results for the second quarter and half year ended September 30, 2026. The company reported its highest-ever quarterly total income of ₹2,125 crore, a robust 14% year-on-year growth compared to ₹1,865 crore in Q2 FY26. Revenue from operations reached ₹2,075 crore, up 13% year-on-year.
For the first half of FY27, total income grew 10% year-on-year to ₹3,685 crore, compared to ₹3,340 crore in H1 FY26. Consolidated EBITDA for Q2 FY27 rose 4% year-on-year to ₹270 crore, achieving an EBITDA margin of 12.7%. For H1 FY27, EBITDA expanded 6% year-on-year to ₹404 crore with an 11% margin.
The company maintained a debt-free balance sheet, closing the quarter with a net cash surplus of ₹69 crore as of September 2026. Net working capital improved, decreasing to 82 days in September 2026 from 105 days in September 2025.
Raymond Lifestyle reported its highest-ever quarterly revenue of ₹559 crore in Branded Apparel, up 20% year-on-year. The Garmenting business continued its export trajectory, posting Q2 revenue of ₹339 crore, up 26% year-on-year. Emerging Businesses touched ₹100 crore in Q2 FY27, a 15% year-on-year growth.
The company reiterated its FY27 guidance of double-digit top-line growth and mid-double-digit EBITDA growth. Management expressed cautious optimism regarding the second half of FY27, citing strong order books, upcoming festive and wedding seasons, and ongoing cost-cutting measures.
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Raymond Lifestyle Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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