Raymond Realty's Profits Skyrocket Post-Demerger
Raymond Realty reported a substantial increase in its consolidated net profit to Rs 60.18 crore for the September quarter. This growth comes after the company's demerger from Raymond Ltd. Total income rose significantly to Rs 705.79 crore. The figures for the current period are not comparable due to the recent demerger.
- Country:
- India
Raymond Realty has reported a substantial rise in its consolidated net profit, reaching Rs 60.18 crore for the quarter ending September. This is a notable increase compared to the Rs 4.92 crore net profit from the same period a year earlier.
The company's total income surged to Rs 705.79 crore during the July-September quarter of the 2025-26 fiscal year. This marks a significant rise from the Rs 226.73 crore recorded in the corresponding period of the previous year.
The Mumbai-based real estate firm, now a leading entity in its sector, listed on the stock exchanges on July 1, 2025, after separating from Raymond Ltd. Due to the demerger effective from April 1, 2025, the current financial figures are not directly comparable to previous periods, as noted in the company's filings.
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