Raymond Q2 Results: Net profit jumps 130% YoY to Rs 32 crore, revenue rises 24%
60-Word AI Digest
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore. EBITDA increased 74.4% to Rs 75 crore, with margins expanding 336 basis points to 11.5%. The company has also proposed a name change to Raymond Aerospace, Defence & Engineering.
Key Takeaways
- Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore.
- EBITDA increased 74.4% to Rs 75 crore, with margins expanding 336 basis points to 11.5%.
- The company has also proposed a name change to Raymond Aerospace, Defence & Engineering.
Raymond reported a 130% year-on-year jump in consolidated net profit to Rs 32 crore in Q2 FY27, while revenue rose 24.1% to Rs 655 crore. EBITDA increased 74.4% to Rs 75 crore, with margins expanding 336 basis points to 11.5%. The company has also proposed a name change to Raymond Aerospace, Defence & Engineering.
Original Publisher Attribution
This summary was curated from Economic Times.