Raymond net profit doubles on better realisation

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Revenue rose 24 per cent to ₹655 crore (₹528 crore)

By BL Mumbai Bureau

Updated - October 27, 2026 at 09:49 PM.

Gautam Hari Singhania, Chairman and Managing Director, Raymond

Raymond reported that its net profit (attributable to owners) in the September quarter doubled to ₹22 crore, up from ₹11 crore in the same period last year, on better realisation.

Revenue rose 24 per cent to ₹655 crore (₹528 crore). Overall expenses were up at ₹641 crore (₹544 crore). EBITDA climbed 30 per cent to ₹103 crore (₹79 crore) year-on-year in Q2.

Revenue from precision technology and auto components were higher at ₹471 crore (₹409 crore), and aerospace and defence contributed ₹139 crore (₹81 crore). Others accounted for ₹46 crore (₹38 crore) of the overall revenue mix.

Gautam Hari Singhania, Chairman and Managing Director, Raymond, said the financial performance was driven by exceptional execution in aerospace and defence and precision technology segments, with the Andhra Pradesh facility progressing firmly on schedule. “We are consistently converting our robust order book into sustainable, high-margin value for our shareholders,” he said.

Meanwhile, Raymond Realty reported that its net profit in the September quarter was down at ₹53 crore (₹60 crore) while revenue increased to ₹749 crore (₹697 crore). EBITDA was up at ₹115 crore (₹101 crore). The company’s portfolio gross development value was at ₹52,000 crore. It has land parcel of 100 acres with revenue potential of ₹25,000 crore.

About 65 acres are currently under development, representing 6.7 million sq. ft. of RERA carpet area and a revenue potential of close to ₹16,500 crore. It has a joint development agreement portfolio of eight projects with a combined revenue potential of ₹27,000 crore.

Harmohan Sahni, Managing Director and CEO, Raymond Realty, said the company has nearly doubled its quarterly pre-sales without new launches, alongside a 67 per cent surge in collections. The company has delivered a key Thane tower 18 months ahead of its RERA timeline and has over ₹4,100 crore MMR launch pipeline ahead, he added.

Published on October 27, 2026

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