Archive · 26 Sep 2025

Income Tax Officials Survey Raymond Lifestyle Offices

Income Tax Officials Survey Raymond Lifestyle Offices

The Income Tax Department conducted a survey of Raymond Lifestyle offices and manufacturing units in India.

This was done according to a section of the Income Tax Act.

The company has stated they are cooperating with the officials during the ongoing proceedings.

Raymond Lifestyle reported a lower loss of ₹19.8 crore for the first quarter of 2025 compared to the previous year's ₹23.2 crore loss.

Revenue also increased to ₹1,430 crore from ₹1,220 crore the prior year, and the EBITDA margin rose to 5.4%.

Sources