Raymond Lifestyle has recently released its Q4 financial results, which show a notable decline when compared to the same quarter last year.
For the fourth quarter, Raymond Lifestyle recorded a revenue of ₹1494.15 crore, a significant drop from ₹1684.55 crore in Q4 of the previous year. This decline represents a year-on-year (YoY) decrease of approximately 11.3%. The drop in revenue indicates a challenging quarter for the company, and the overall performance reflects the difficult market conditions it faced.
In terms of profitability, Raymond Lifestyle reported a loss of ₹44.35 crore in Q4, in stark contrast to the ₹129.55 crore profit posted in the same quarter last year. This marks a sharp decline in the company’s earnings, signaling financial stress during this period.
Additionally, the company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a dramatic fall of 94.6%, standing at ₹13.2 crore, compared to ₹245.8 crore in the previous year. The margin also experienced a severe contraction, with Raymond Lifestyle’s EBITDA margin dropping to just 1% from 14.6% in Q4 of the previous year
