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RAYMONDLSL Raymond Lifestyle News Story

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India's Raymond Lifestyle slips after U.S. tariffs hit textile export business

** India's Raymond Lifestyle RAYL.NS falls 1.45% to 1186 rupees after second quarter results

** Co reports 8% y/y rise in revenue but a 4% decline in profit before tax and exceptional items due to steep U.S. tariffs on Indian exports

** EBITDA margin at 13.9% remains flat y/y

** Co says, growth in domestic consumption was partly offset by "considerable headwinds" in exports due to U.S. tariffs

** Adds, tariffs led to order deferral and margin pressure from key overseas buyers, though a rebound in domestic consumption cushioned the impact

** YTD, RAYL shares are down ~43.5%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))

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