Raymond's Profit Doubles as Revenue Growth Accelerates in Q2

Raymond's consolidated revenue from operations surged 24.2 percent year-on-year to Rs 655.16 crore during the second quarter of fiscal 2027, reflecting robust demand across its business segments. The company's profit from continuing operations more than doubled to Rs 32.06 crore in the same period, signalling improved operational efficiency and cost management.

The significant expansion in profitability outpaced the growth in revenue, indicating that the company has successfully improved its EBITDA margins through better pricing realisation and operational leverage. This improvement suggests that Raymond's efforts to enhance productivity and optimise its cost structure are yielding tangible results.

The Q2 performance demonstrates the company's ability to navigate a dynamic market environment while maintaining pricing discipline. The strong double-digit revenue growth, combined with accelerating profit expansion, underscores improving demand conditions in both domestic and export markets served by the company.

Raymond, a diversified conglomerate with significant presence in textiles, apparel, and real estate, has been undertaking strategic initiatives to strengthen its market position and operational capabilities. The Q2 results reflect the positive impact of these efforts on the company's financial performance.

Photo: Raymond Group chairman Gautam Singhania delivers a keynote address at an Indian Navy event in Mumbai, January 2016. Indian Navy via Wikimedia Commons (GODL-India).