The decline indicates possible market headwinds or project execution challenges.
The company is expected to re-evaluate strategies to boost performance in the upcoming quarters.
Raymond Realty Ltd's net profit declined by around half to ₹17 crore in the first quarter of this fiscal on lower income.
The company, in an investors' presentation uploaded on Tuesday, said it has reported a 52% fall in net profit to ₹17 crore in the June quarter compared to ₹34 crore in the year-ago period.
1 October 2026
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Total income also fell 21 per cent to ₹392 crore in the April-June period of the financial year from ₹498 crore in the corresponding period a year ago, it said.
The company said that these numbers are based on a like-for-like comparison post demerger.
Its sales bookings declined sharply to ₹306 crore in the June quarter of 2025-26 from ₹611 crore in the year-ago period.
The Mumbai-based company got listed on the stock exchanges last month after demerger from Raymond Ltd.
