ADVERTISEMENT

Raymond Realty Q1 Results: Profit More Than Doubles

Margin narrows to 6.3% versus 13.5% in the year-ago period.

<div class="paragraphs"><p>Raymond Realty reported a net profit of Rs 16.5 crore from the previous fiscal's Rs 7.4 crore.(Photo: Envato)</p></div>
Raymond Realty reported a net profit of Rs 16.5 crore from the previous fiscal's Rs 7.4 crore.(Photo: Envato)

Raymond Realty Ltd.'s consolidated net profit more than doubled in the first quarter of the current financial year.

The real estate firm posted a net profit of Rs 16.5 crore in the June quarter as compared to Rs 7.4 crore in the year-ago period, according to an exchange filing on Tuesday.

Raymond Realty Q1 FY26 Highlights (Consolidated, YoY)

  • Revenue at Rs 374.35 crore versus Rs 129.68 crore.

  • Net profit at Rs 16.5 crore versus Rs 7.44 crore.

  • Ebitda up 35% to Rs 23.68 crore versus Rs 17.52 crore.

  • Margin narrows to 6.3% versus 13.5%.

Shares of Raymond Realty closed 4.3% higher at Rs 724.65 apiece on the NSE, compared to a 0.3% fall in the benchmark Nifty. The stock has fallen 25.23% in the last 12 months.

One analyst tracking the company has a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 24.6%.

Opinion
Q1 Results Live: Britannia, Gujarat Gas Profit Miss Estimates; Container Corp Profit Up
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit