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Raymond Lifestyle Q4 numbers crippled by cyberattack, weak demandThe textile major posted a net loss of ₹45 crore while EBITDA margin drastically shrank to 1% from 14.6% in Q4FY24. Shares of Raymond Lifestyle Ltd ended at ₹1,001, up by ₹43.05, or 4.49%, on the BSE.By Jomy Jos Pullokaran   May 12, 2025, 6:14:54 PM IST (Updated)3 Min ReadTextile player, Raymond Lifestyle Ltd, on Monday (May 12) reported a net loss of ₹45 crore for the fourth quarter of FY25. In the corresponding quarter of the previous fiscal, the company had posted a net profit of ₹235.6 crore.

The company's revenue from operations dipped 11.3% YoY to ₹1,494.2 crore against ₹1,684.6 crore. The Q4 EBITDA tanked 94.6% to ₹13.2 crore versus ₹245.8 crore last year/.

EBITDA margin drastically shrank to 1% from 14.6% in Q4FY24.

Also Read: Raymond Lifestyle expects 12-13% growth in wedding wear market over next 2-3 years

"This situation was further exacerbated by a ransomware attack that disrupted operations during the quarter. The IT team, with the support of cybersecurity experts, contained the attack. However, it led to temporary system outages and supply chain delays, impacting sales and operations. These factors led to lower sales, scale deleverage and impacted profitability during the quarter," the company said.

Branded textile segment: Revenue declined 21% YoY to ₹727 crore in Q4FY25 from ₹920 crore primarily due to weaker consumer demand and a ransomware attack. These factors led to scale deleverage, resulting in a sharp drop in EBITDA margin to 7% from 21.8% in the same quarter last year.

Branded apparel segment: Revenue for the segment stood at ₹391 crore in the fourth quarter, marginally lower than ₹409 crore YoY. EBITDA margin contracted significantly to 0.4% from 13.5% a year ago, owing to upfront investments in retail store expansion and an adverse channel mix.

Also Read: Raymond Q3 Results | Revenue growth of over 40%, margin expands from last year

During the quarter, 35 new stores were opened, including nine under the ‘Ethnix by Raymond’ brand. The total retail store network stood at 1,688 stores as of March 31, 2025.

Garmenting segment: Revenue was flat at ₹248 crore in Q4 FY25 versus ₹250 crore in Q4 FY24. The segment was affected by customers taking a cautious stance ahead of the US tariff announcements. EBITDA margin fell to -2.9% from 12% due to an adverse sales mix, ongoing customer acquisition efforts, and additional training costs for manpower across new manufacturing lines.

High-value cotton shirting segment: Revenue declined to ₹185 crore from ₹213 crore YoY, impacted by weak consumer demand and operational disruptions. However, EBITDA margin rose sharply to 33.1% from 11.3% in the previous year, aided by a one-time government subsidy of approximately ₹53 crore.

Raymond Lifestyle continues to maintain a strong balance sheet and remains a net cash surplus company, holding ₹90 crore in cash as of March 31, 2025.

Also Read: Raymond shares trade ex-lifestyle business from today; Here's what lies ahead

The results came after the close of the market hours. Shares of Raymond Lifestyle Ltd ended at ₹1,001, up by ₹43.05, or 4.49%, on the BSE.Continue Reading(Edited by : Shoma Bhattacharjee)First Published: May 12, 2025 6:14 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsRaymond LifestyleResults Boardroomshare market today