Mumbai (Maharashtra) [India], October 27: Raymond Limited reported a sharp improvement in its financial performance for the second quarter of FY27, with consolidated net profit rising 130% year-on-year to ₹32 crore, compared with ₹13.9 crore in the corresponding quarter of the previous financial year.
Raymond Q2 Profit Surges 130% To Rs 32 Crore; Revenue Rises 24% To Rs 655 Crore
Revenue from operations increased 24% to ₹655.16 crore during the July–September quarter, against ₹527.69 crore in the year-ago period, reflecting growth in the company’s business operations.
Advertisement
The company’s operating performance also strengthened, with earnings before interest, taxes, depreciation and amortisation (EBITDA) climbing 74.4% to ₹75 crore from ₹43 crore a year earlier. EBITDA margin expanded to 11.5%, compared with 8.14% in the corresponding quarter last year, indicating improved operating profitability.
Total income for the quarter stood at ₹683.22 crore, reflecting an increase over the previous year’s corresponding period.
Meanwhile, Raymond shares ended Tuesday’s trading session 2.56% higher at ₹1,079.10 on the BSE, compared with their previous closing price of ₹1,052.15. The company’s market capitalisation stood at approximately ₹7,184 crore.
The stock has gained around 81% over the past three months and 153% so far in 2026.
"past performance does not guarantee future returns".
Disclaimer: The information provided in this article is for informational and educational purposes only. It does not constitute financial, legal, or investment advice. Readers should not rely on this content to make investment decisions. We strongly recommend consulting with a licensed financial advisor or conducting your own due diligence before making any financial commitments.
Advertisement
Disclaimer: This article is published via a syndicated feed. The content has not been independently verified by Outlook Business, and all views expressed are those of the syndicate. Readers are advised to use their discretion.