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Raymond Realty reported a sharp surge in its net profit to INR 60.18 crore for the September quarter, compared with INR 4.92 crore a year earlier. Total income rose to INR 705.79 crore, up from INR 226.73 crore in the same period last year. The company, officially listed on July 1, 2025, following its demerger from Raymond Ltd, noted that results are not directly comparable due to the restructuring effective April 1, 2025. The strong quarterly performance highlights Raymond Realty's growth momentum and successful transition as an independent entity, underscoring its expanding footprint and resilience in India's residential real estate market.
Raymond Realty, based in Mumbai, announced earlier this week that its consolidated net profit had surged to INR 60.18 crore for the quarter ended in September, a multi-fold increase compared with INR 4.92 crore recorded during the same quarter a year earlier. The company also reported a substantial rise in total income, reaching INR 705.79 crore in the July-September quarter of the 2025-26 fiscal year, against INR 226.73 crore in the corresponding period of the previous year. Advertisement
The company was officially listed on the stock exchanges on July 1, 2025, following its demerger from Raymond Ltd. It explained in its regulatory filing that, as the demerger was accounted for with effect from April 1, 2025, the financial results for the current quarter and the six months ending in September 2025 are not directly comparable with those of the same periods in the previous fiscal year ending in March 2025.
Raymond Realty remains one of the country's prominent real estate developers, known for its growing presence in the residential market segment.
The strong financial performance marks an important phase for Raymond Realty following its separation from Raymond Ltd and independent listing earlier this year. With its total income and net profit showing sharp growth, the company's focus on consolidating its real estate operations appears to be paying off. Despite the non-comparable nature of recent financial data, the results underline Raymond Realty's steady momentum in the sector.
Source - PTI
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