Income Tax Department Conducts Survey at Raymond Lifestyle Offices

As per the news reports, Apparel maker Raymond Lifestyle Limited has disclosed that some of its corporate offices and manufacturing facilities were visited by the Income Tax Department as part of a survey action. The company said in its regulatory filing that the proceedings are ongoing and that it is extending full cooperation.

Survey Proceedings

In an exchange filing and on its website, Raymond Lifestyle stated: "We hereby inform that yesterday certain officials of the Income Tax Department visited some of the Company’s offices and manufacturing units in India for conducting a survey action under Section 133A of the Income Tax Act, 1961. The proceedings are underway and the Company is extending its full cooperation to the officials."

The company, formerly known as Raymond Consumer Care Limited, operates from its corporate base in Thane, Maharashtra, and runs production units in Chhatrapati Sambhajinagar.

Raymond Lifestyle Q1FY26 Earnings Results

Despite the survey disclosure, Raymond Lifestyle also highlighted its Q1 results for FY26:

• Net loss narrowed to ₹19.8 crore compared to ₹23.2 crore in the year-ago period.
• Revenue from operations rose 17.2% year-on-year to ₹1,430 crore, driven by robust performance in branded textiles and apparel.
• EBITDA grew 30.8% to ₹78.1 crore versus ₹59.7 crore in the same quarter last year.
• EBITDA margin improved to 5.4% from 4.9%, supported by higher sales, better product mix, and operating leverage.

Read More: Raymond Lifestyle to Slash Clothing Prices After India's GST Reduction!

Raymond Lifestyle Share Price Performance 

As of September 26, 2025, Raymond Lifestyle share price closed at ₹1,202.70 per share, reflecting a decline of 4.12% from the previous closing price.

Conclusion

The Income Tax survey at Raymond Lifestyle adds a regulatory dimension to the company’s operations at a time when it has reported improved financial performance. With revenue and margins showing growth and losses narrowing, the company continues to strengthen its business while cooperating with authorities on the ongoing proceedings.

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