Raymond Lifestyle Limited has released the transcript of its conference call held on January 27, 2026, discussing the financial results for the third quarter and nine months ended December 31, 2025. The call featured management including Mr. S L Pokharna (Non-Executive Director), Mr. Rakesh Tiwary (Group CFO), and Mr. Satyaki Ghosh (CEO), who provided insights into the company's performance and strategy. Key highlights from the discussion included a record quarterly revenue of ₹1,883 crore in Q3 FY26, with EBITDA at ₹271 crore, reflecting a 23% year-on-year growth and margin expansion to 14.4%. For the nine-month period, revenue grew 9% to ₹5,223 crore, and EBITDA increased 18% to ₹652 crore with improved margins. The performance was attributed to strong volume growth in textiles and apparel, premiumization, product mix improvements, and operating leverage. The management also discussed strategic initiatives such as product innovation in techno-series and premium fabrics, expansion in the ethnic wear segment, and a calibrated retail expansion strategy focusing on Tier-2 and Tier-3 markets. They addressed challenges in the garmenting segment due to US tariff uncertainty and highlighted diversification efforts towards UK, Europe, and Asia-Pacific regions. Financial health was emphasized, with net debt at ₹15 crore and operating cash close to ₹155 crore. The company also touched upon ESG initiatives, including governance, diversity, and environmental targets.
