Raymond quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	655	528	+24.2%
EBITDA	75.3	43.3	+74.1%
EBITDA margin	11.5%	8.2%	+3.3 pts
Profit before tax	42.0	−148	—
Net profit	32.1	13.9	+130.8%
EPS	₹3.36	₹1.71	+96.5%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	655	606	603	557	528	524	557	954	1,045	938	2,609	2,386	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	28.1	22.5	9.6	23.1	36.0	31.0	43.9	31.5	56.0	60.6	79.7	64.2
	683	628	613	580	564	555	601	985	1,101	998	2,688	2,450
	219	187	199	186	174	185	175	462	178	391	331	404
	23.2	15.4	10.1	7.8	12.8	10.3	7.5	7.1	14.0	13.3	422	384
	−22.7	−1.7	−13.0	−1.5	−12.2	−8.8	35.1	18.3	−225	87.3	−140	−335
	122	114	108	107	103	100	94.4	129	128	120	301	291
	21.6	20.3	23.0	20.6	21.5	18.6	17.5	28.3	28.9	30.6	104	104
	39.8	37.9	36.7	38.2	38.4	38.5	36.7	41.6	40.2	39.4	88.3	70.3
	239	214	223	197	207	181	190	200	834	225	1,258	1,279
	641	586	587	556	544	525	557	886	998	906	2,364	2,198
	75.3	77.3	75.5	59.9	43.3	56.3	54.8	138	116	101	436	362
	35.6	39.4	38.8	21.8	4.8	17.8	18.1	96.4	75.9	61.9	348	292
Profit
	42.0	41.6	25.4	24.2	19.3	30.3	44.6	99.6	103	91.9	324	252
	0.0	0.0	−20.0	−14.0	−167	0.0	0.0	0.0	0.0	0.0	−10.8	0.0
	42.0	41.6	5.3	10.3	−148	30.3	44.6	99.6	103	91.9	313	252
	4.9	6.3	4.2	−3.8	13.7	4.3	22.2	25.8	23.3	26.9	61.1	59.7
	5.7	4.2	−11.9	6.8	−176	3.3	−13.4	−6.0	6.7	−5.4	21.5	2.9
	10.6	10.5	−7.8	3.0	−162	7.6	8.8	19.8	30.0	21.6	82.6	62.6
	0.7	−0.3	−1.2	−0.1	−0.2	−2.0	−10.4	−7.5	−13.9	−13.3	−0.6	−4.3
	32.1	30.9	11.9	7.1	13.9	5,328	137	72.3	59.0	7,367	230	185
	31.4	31.1	13.1	7.2	14.1	22.7	35.8	79.8	73.0	70.3	230	190
	0.0	0.0	0.0	0.0	0.0	5,308	112	0.0	0.0	7,310	0.0	0.0
	−17.6	204	−303	−109	585	65.8	−58.1	−21.5	54.4	62.4	6.5	−4.3
	14.5	235	−292	−102	599	5,394	79.4	50.8	113	7,429	236	181
	22.4	21.0	1.1	3.6	11.4	5,325	133	72.1	—	7,366	—	—
	9.7	9.9	10.8	3.5	2.5	3.0	4.7	0.2	—	0.4	—	—
Per share
	₹3.36	₹3.15	₹0.17	₹0.54	₹1.71	₹800.16	₹20.00	₹10.84	₹9.02	₹1,106.88	₹34.45	₹27.57
	₹3.13	₹3.15	₹0.17	₹0.54	₹1.71	₹800.16	₹20.00	₹10.81	₹9.01	₹1,100.16	₹34.45	₹27.57
Continuing & discontinued operations
	0.0	0.0	0.0	0.0	0.0	5,374	154	0.0	0.0	7,294	0.0	0.0
	0.0	0.0	0.0	0.0	0.0	66.3	42.1	0.0	0.0	−16.1	0.0	0.0
Other comprehensive income — detail
	−17.6	204	−303	−109	585	65.8	−58.1	—	—	—	—	—
	−15.4	217	−324	−115	574	76.8	−62.4	−26.6	67.6	71.2	8.9	−5.8
	2.2	12.6	−20.7	−5.6	−11.0	11.0	−9.1	—	—	—	—	—
	—	—	—	—	—	—	—	−3.6	11.7	8.1	2.4	−0.8
	0.0	0.0	−0.1	0.1	0.1	—	−4.8	1.6	−1.5	0.4	—	0.7
	—	—	—	—	—	—	—	0.0	0.0	1.0	—	0.0
	4.7	225	−303	−106	596	5,391	75.5	50.6	114	7,429	236	179
	9.8	9.9	11.9	4.0	2.5	3.0	3.9	0.2	−1.0	0.4	0.6	1.9
Per share — as-filed variants
	₹3.36	₹3.15	₹0.17	₹0.54	₹1.71	₹2.65	₹3.00	₹10.84	₹9.02	₹8.51	₹34.45	₹27.57
	₹3.13	₹3.15	₹0.17	₹0.54	₹1.71	₹2.65	₹3.00	₹10.81	₹9.01	₹8.46	₹34.45	₹27.57
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹797.51	₹17.00	₹0.00	₹0.00	₹1,098.37	₹0.00	₹0.00
	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹797.51	₹17.00	₹0.00	₹0.00	₹1,091.70	₹0.00	₹0.00
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	436	405	407	364	353	338	340	467	1,078	446	1,996	1,933
	66.6%	66.9%	67.4%	65.4%	66.9%	64.4%	60.9%	48.9%	103.2%	47.6%	76.5%	81.0%
Adjusted (ex-exceptional items) — derived
	42.0	41.6	25.4	24.2	19.3	30.3	44.6	99.6	103	91.9	324	252
	0.0	0.0	−20.0	−14.0	−167	0.0	0.0	0.0	0.0	0.0	−10.8	0.0
	32.1	30.9	32.0	17.0	80.9	5,328	137	72.3	59.0	7,367	238	185
	₹3.36	₹3.15	₹0.46	₹1.29	₹9.95	₹800.16	₹20.00	₹10.84	₹9.02	₹1,106.88	₹35.64	₹27.57

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

RAYMOND₹1,101.90

Raymond Limited

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersDEEDEV PITTIENG HIRECT SHANTIGEAR WINDMACHIN JASH OMNI JNKINDIAMcap ₹7,333 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	2,386.2	2,608.5	937.7	1,044.7	953.9	557.5	524.3	527.7	557.2	602.9	605.6	655.2
Other Income	64.2	79.7	60.6	56.0	31.5	43.9	31.0	36.0	23.1	9.6	22.5	28.1
Total Income	2,450.3	2,688.2	998.3	1,100.7	985.4	601.4	555.3	563.7	580.3	612.5	628.1	683.2
Expenses
+ Cost of Materials Consumed	404.2	331.1	390.6	178.3	461.8	175.2	185.2	174.1	186.5	199.2	186.6	218.5
+ Purchases of Stock-in-Trade	384.0	422.0	13.3	14.0	7.1	7.5	10.3	12.8	7.8	10.1	15.4	23.2
+ Changes in Inventories	-334.6	-140.1	87.3	-225.2	18.3	35.1	-8.8	-12.2	-1.5	-13.0	-1.7	-22.7
+ Employee Benefit Expense	291.2	301.3	120.1	127.9	128.5	94.4	100.1	102.6	107.1	107.9	113.7	121.7
+ Finance Costs	103.5	103.5	30.6	28.9	28.3	17.5	18.6	21.5	20.6	23.0	20.3	21.6
+ Depreciation & Amortisation	70.3	88.3	39.4	40.2	41.6	36.7	38.5	38.4	38.2	36.7	37.9	39.8
+ Other Expenses	1,279.4	1,258.4	225.1	833.8	200.1	190.4	181.3	207.2	197.4	223.2	214.4	239.1
Total Expenses	2,198.1	2,364.4	906.4	997.8	885.8	556.9	525.1	544.4	556.0	587.1	586.5	641.2
EBITDA	361.9	435.9	101.3	116.0	138.0	54.8	56.3	43.3	59.9	75.5	77.3	75.3
EBIT	291.6	347.6	61.9	75.9	96.4	18.1	17.8	4.8	21.8	38.8	39.4	35.6
Profit
PBT before Exceptional Items	252.3	323.8	91.9	102.9	99.6	44.6	30.3	19.3	24.2	25.4	41.6	42.0
+ Exceptional Items	0.0	-10.8	0.0	0.0	0.0	0.0	0.0	-167.4	-14.0	-20.0	0.0	0.0
Pretax Income	252.3	313.0	91.9	102.9	99.6	44.6	30.3	-148.1	10.3	5.3	41.6	42.0
+ Current Tax	59.7	61.1	26.9	23.3	25.8	22.2	4.3	13.7	-3.8	4.2	6.3	4.9
+ Deferred Tax	2.9	21.5	-5.4	6.7	-6.0	-13.4	3.3	-175.9	6.8	-11.9	4.2	5.7
Tax Expense	62.6	82.6	21.6	30.0	19.8	8.8	7.6	-162.2	3.0	-7.8	10.5	10.6
+ Share of Associates & JVs	-4.3	-0.6	-13.3	-13.9	-7.5	-10.4	-2.0	-0.2	-0.1	-1.2	-0.3	0.7
Net Income	185.4	229.8	7,366.9	59.0	72.3	137.5	5,328.2	13.9	7.1	11.9	30.9	32.1
+ Net Income — Continuing Ops	189.7	230.4	70.3	73.0	79.8	35.8	22.7	14.1	7.2	13.1	31.1	31.4
+ Net Income — Discontinued Ops	0.0	0.0	7,309.8	0.0	0.0	112.1	5,307.5	0.0	0.0	0.0	0.0	0.0
+ Other Comprehensive Income	-4.3	6.5	62.4	54.4	-21.5	-58.1	65.8	584.7	-109.3	-303.5	204.1	-17.6
Total Comprehensive Income	181.1	236.3	7,429.3	113.4	50.8	79.4	5,393.9	598.6	-102.2	-291.5	234.9	14.5
Net Income to Common	—	—	7,366.5	—	72.1	132.8	5,325.2	11.4	3.6	1.1	21.0	22.4
Minority Interest	—	—	0.4	—	0.2	4.7	3.0	2.5	3.5	10.8	9.9	9.7
Per Share
Basic EPS	27.57	34.45	1,106.88	9.02	10.84	20.00	800.16	1.71	0.54	0.17	3.15	3.36
Diluted EPS	27.57	34.45	1,100.16	9.01	10.81	20.00	800.16	1.71	0.54	0.17	3.15	3.13
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	0.0	7,293.8	0.0	0.0	154.2	5,373.9	0.0	0.0	0.0	0.0	0.0
+ Tax — Discontinued Operations	0.0	0.0	-16.1	0.0	0.0	42.1	66.3	0.0	0.0	0.0	0.0	0.0
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-58.1	65.8	584.7	-109.3	-303.5	204.1	-17.6
+ Items NOT to be Reclassified to P&L	-5.8	8.9	71.2	67.6	-26.6	-62.4	76.8	573.6	-115.0	-324.1	216.6	-15.4
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-9.1	11.0	-11.0	-5.6	-20.7	12.6	2.2
+ Tax on Items NOT to be Reclassified — alt tag	-0.8	2.4	8.1	11.7	-3.6	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	0.7	—	0.4	-1.5	1.6	-4.8	—	0.1	0.1	-0.1	0.0	0.0
+ Tax on Items to be Reclassified — alt tag	0.0	—	1.0	0.0	0.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	179.2	235.8	7,428.9	114.4	50.6	75.5	5,391.0	596.1	-106.2	-303.4	225.1	4.7
Comprehensive Income — Non-controlling Interests	1.9	0.6	0.4	-1.0	0.2	3.9	3.0	2.5	4.0	11.9	9.9	9.8
Per Share — as-filed variants
Basic EPS — Continuing Operations	27.57	34.45	8.51	9.02	10.84	3.00	2.65	1.71	0.54	0.17	3.15	3.36
Diluted EPS — Continuing Operations	27.57	34.45	8.46	9.01	10.81	3.00	2.65	1.71	0.54	0.17	3.15	3.13
Basic EPS — Discontinued Operations	0.00	0.00	1,098.37	0.00	0.00	17.00	797.51	0.00	0.00	0.00	0.00	0.00
Diluted EPS — Discontinued Operations	0.00	0.00	1,091.70	0.00	0.00	17.00	797.51	0.00	0.00	0.00	0.00	0.00
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,932.5	1,995.6	446.4	1,077.7	466.6	339.6	337.7	353.0	364.4	406.5	405.4	436.1
Gross Margin %	80.99	76.50	47.61	103.15	48.91	60.92	64.40	66.89	65.40	67.43	66.94	66.56
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	252.3	323.8	91.9	102.9	99.6	44.6	30.3	19.3	24.2	25.4	41.6	42.0
− Exceptional Items (reconciliation)	0.0	-10.8	0.0	0.0	0.0	0.0	0.0	-167.4	-14.0	-20.0	0.0	0.0
Net Income Adj (tax-effected)	185.4	237.7	7,366.9	59.0	72.3	137.5	5,328.2	80.9	17.0	32.0	30.9	32.1
EPS Adj	27.57	35.64	1,106.88	9.02	10.84	20.00	800.16	9.95	1.29	0.46	3.15	3.36
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	—	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	—	1.00	—	—	—	—	—	—	—	—	—	—
Filed Dscr	—	1.00	—	—	—	—	—	—	—	—	—	—
Filed Iscr	—	5.00	—	—	—	—	—	—	—	—	—	—
Paid Up Equity Capital	66.6	66.6	66.6	—	66.6	66.6	66.6	66.6	66.6	66.6	66.6	66.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Raymond Q2 FY27 results (July–September 2026)

Filed with NSE on Tuesday, 27 October 2026 at 4:01 pm IST

Raymond (NSE: RAYMOND) reported its Q2 FY27 results (July–September 2026) on Tuesday, 27 October 2026 at 4:01 pm IST. Consolidated net profit attributable to shareholders was ₹22.4 crore, up 96.4% from ₹11.4 crore in Q2 FY26 and up 6.5% from ₹21 crore in Q1 FY27. Revenue from operations was ₹655 crore, up 24.2% year on year and up 8.2% from the previous quarter.

Q2 FY26 results (a year earlier): 27 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹22.4 Cr+96.4% vs Q2 FY26+6.5% vs Q1 FY27Total incl. minority interest ₹32.1 Cr
Revenue from operations: ₹655 Cr+24.2% vs Q2 FY26+8.2% vs Q1 FY27
Operating margin (EBIT): 5.4%+4.5 pts vs Q2 FY26−1.1 pts vs Q1 FY27EBIT ₹35.6 Cr
EBITDA: ₹75.3 Cr+74.1% vs Q2 FY26−2.6% vs Q1 FY27margin 11.5%
Earnings per share (basic): ₹3.36+96.5% vs Q2 FY26+6.7% vs Q1 FY27
Net profit margin: 3.4%+1.3 pts vs Q2 FY26−0.1 pts vs Q1 FY27

Questions

What was Raymond's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹22.4 crore, up 96.4% from ₹11.4 crore in Q2 FY26 and up 6.5% from ₹21 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹32.1 crore.

How were Raymond's Q2 FY27 results?

Both grew from a year earlier: net profit was up 96.4% at ₹22.4 crore and revenue was up 24.2% at ₹655 crore. The operating margin was 5.4%, up 4.5 percentage points from 0.9% a year earlier. Against Q1 FY27, net profit was up 6.5% and revenue up 8.2%.

What is Raymond's net profit margin?

Raymond's net profit margin was 3.4% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 2.2% in Q2 FY26 (up 1.3 percentage points). For FY26 as a whole it was 241.5%.

What was Raymond's revenue in Q2 FY27?

Revenue from operations was ₹655 crore, up 24.2% year on year and up 8.2% from the previous quarter.

What was Raymond's EPS in Q2 FY27?

Basic earnings per share were ₹3.36, against ₹1.71 in Q2 FY26.

When did Raymond announce its Q2 FY27 results?

On Tuesday, 27 October 2026 at 4:01 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 27 October 2025.

What was Raymond's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹35.6 crore, a margin of 5.4%, against 6.5% in Q1 FY27 and 0.9% in Q2 FY26. EBITDA was ₹75.3 crore, 11.5% of revenue.

What was Raymond's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹5,341 crore in FY26 (April 2025–March 2026), down 30.0% from ₹7,631 crore in FY25. It was ₹2,088 crore in FY24 and ₹529 crore in FY23: up 909.8% over three years, 116.1% a year on average.

What was Raymond's revenue in FY26?

Revenue from operations was ₹2,212 crore in FY26 (April 2025–March 2026), up 13.6% from ₹1,947 crore in FY25. It was ₹9,020 crore in FY24 and ₹8,215 crore in FY23: down 73.1% over three years, an average fall of 35.4% a year.

What was Raymond's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹43.3 crore, down 99.2% from ₹5,337 crore in the same months a year earlier. Revenue from operations was ₹1,261 crore, up 19.8%.

How has Raymond's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹3.6 crore in Q3 FY26, ₹1.1 crore in Q4 FY26, ₹21 crore in Q1 FY27 and ₹22.4 crore in Q2 FY27. That is ₹48 crore over the four quarters, down 99.1% from ₹5,541 crore in the four quarters before. Revenue from operations: ₹557 crore, ₹603 crore, ₹606 crore and ₹655 crore.

When will Raymond announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Raymond figures come from?

From Raymond's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 27 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.