Raymond Reports 91% Drop in Q4 Profit Despite Revenue Growth
Raymond Q4 results: Cons PAT falls 91% YoY to Rs 12 crore despite 8% revenue uptick
The Economic TimesImage: The Economic Times
Raymond Limited reported a 91% decline in consolidated net profit to ₹12 crore for Q4 FY26, despite an 8% increase in revenue to ₹603 crore. The company's performance was bolstered by growth in its aerospace and defense sectors, although EBITDA margins faced compression.
- 01Consolidated net profit fell 91% YoY to ₹12 crore.
- 02Revenue increased by 8% YoY to ₹603 crore.
- 03EBITDA dropped 14% YoY to ₹85 crore.
- 04Full-year income rose 9.8% to ₹2,312 crore.
- 05Growth driven by aerospace, defense, and precision technology sectors.
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Raymond Limited's consolidated net profit for the quarter ending March 2026 plummeted 91% to ₹12 crore, a significant drop from ₹137 crore in the same quarter last year. Despite this, the company's revenue from operations rose 8% to ₹603 crore, compared to ₹557 crore in Q4 FY25. The profit after tax (PAT) showed a 68% increase sequentially from ₹7 crore in Q3 FY26. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) was reported at ₹85 crore, reflecting a 14% decline from ₹99 crore in the previous year. The EBITDA margin also fell to 13.9%, down from 14.3% in Q3 FY26 and 16.4% in Q2 FY25. For the full fiscal year, total income reached ₹2,312 crore, marking a 9.8% increase from ₹2,105 crore in FY25, with stable EBITDA of ₹335 crore but a slight decrease in margin to 14.5%. The company's growth was primarily driven by its aerospace and defense divisions, which capitalized on domestic production trends and secured valuable partnerships. Chairman Gautam Hari Singhania emphasized the company's focus on high-margin opportunities and scaling operations to meet global demand.
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The decline in profit may affect investor confidence, potentially impacting stock prices and future investments. However, growth in revenue suggests operational resilience.
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