Raymond Lifestyle Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2026, recommended Final Dividend of Re. 1 per equity share.
RAYMONDLSL · price
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Raymond Lifestyle Limited reported audited consolidated results for FY2026 with revenue from operations of Rs. 6,88,800 lakhs, up 11.5% from Rs. 6,17,674 lakhs in FY2025. Consolidated profit after tax grew 21% to Rs. 4,617 lakhs from Rs. 3,819 lakhs. The company recorded exceptional item losses of Rs. 12,854 lakhs, primarily due to statutory impact of new labour codes (Rs. 6,996 lakhs) and loss allowance on receivables/write-down of inventory in the Apparel segment (Rs. 6,996 lakhs). The Board recommended a final dividend of Rs. 1 per equity share (50% on face value of Rs. 2), subject to shareholder approval at the 8th AGM. Auditors Walker Chandiok & Co LLP issued an unmodified opinion on the financial statements.
The company showed improved profitability year-on-year, though the Apparel segment continues to report losses and exceptional items weigh on bottom-line performance. The dividend recommendation signals confidence in financial stability despite operational challenges in certain business segments.