Raymond Lifestyle Limited reported earnings results for the third quarter and nine months ended December 31, 2024. For the third quarter, the company reported sales was INR 17,542.1 million compared to INR 17,262.6 million a year ago. Revenue was INR 17,965 million compared to INR 17,691.5 million a year ago. Net income was INR 641.7 million compared to INR 1,624.3 million a year ago. Basic earnings per share from continuing operations was INR 10.53 compared to INR 26.66 a year ago. Basic earnings per share was INR 10.53 compared to INR 26.66 a year ago.
For the nine months, sales was INR 46,825.9 million compared to INR 48,508.6 million a year ago. Revenue was INR 47,802.1 million compared to INR 49,622.9 million a year ago. Net income was INR 831.4 million compared to INR 24,091.4 million a year ago. Basic earnings per share from continuing operations was INR 13.65 compared to INR 57.46 a year ago. Basic earnings per share was INR 13.65 compared to INR 395.44 a year ago.
Raymond Lifestyle Limited is an India-based fashion and retail company with men's fashion brands and a retail network. The Company offers fashion products and services with branded textile, apparel brands across formal casual and ethnic wear. Its segments include Textile, Shirting, Apparel, Garmenting, and Others. Its business includes branded apparel, suiting, shirting, garmenting, Retail -The Raymond Shop, Raymond Made To Measure, Raymond Home and Ethnix. The Company's brands include Raymond, Park Avenue, ColorPlus, Parx, and Ethnix By Raymond. Its fabric manufacturing plants have an aggregate manufacturing capacity of around 43 million meters of suiting fabric extending across all wool, poly-wool, silk and other premium blends. Its Ethnix by Raymond is a collection of readymade ensemble solutions for festivities and special occasions. The Company's Raymond Made To Measure business offers customization of suits, formal jackets and shirts.
