Raymond Limited incorporated in 1925 is a diversified group with interests in Textile & Apparel sectors as well as presence across diverse segments such as Real Estate, FMCG, Engineering in national and international markets 55+ Countries including the USA, Europe, Japan & Middle East. The Company has a retail network of 1,638 stores, including 1,589 stores in about 600 towns and cities in India and 49 overseas stores in nine countries. It is one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabric in the world. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
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Total Income: ₹524 crores, down 6.2% QoQ from ₹557 crores in Q4 FY25, and up 16.4% YoY from ₹557 crores in Q1 FY25.
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Total Expenses: ₹528 crores, down 77.8% QoQ from ₹2,364.43 crores, and up 12.5% YoY from ₹418 crores.
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Profit Before Tax (PBT): ₹30.25 crores, down 90.3% QoQ from ₹312.97 crores, and down 67.1% YoY from ₹91.88 crores.
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Tax Expense: ₹7.59 crores, down 90.8% QoQ and 64.8% YoY.
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Profit After Tax (PAT): ₹5,328.15 crores, an anomalous increase of 2218.7% QoQ from ₹229.79 crores, but down 27.7% YoY from ₹7366.88 crores; the Q1 FY26 PAT seems to have an unusual one-time gain or adjustment.
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EPS: ₹800.20, up 2219.4% QoQ and down 27.3% YoY, aligning with PAT anomaly.
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EBIT: ₹48.80 crores, down 21.34% QoQ.
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EBIT Margin: Approx. 8.79% in Q1 FY26.
Management Commentary & Strategic Decisions
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Raymond’s chairman and management highlighted signing two strategic long-term supply agreements with Pratt & Whitney and Safran Engines to supply precision-machined aerospace components, signaling expansion into aerospace manufacturing.
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Strong performance in auto components and engineering consumables, with robust market competition but good demand.
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Emphasis on capturing growth opportunities across subsidiaries, including branded apparel and engineered products.
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The company continues investments in operational efficiencies and marketing to enhance visibility and brand presence.
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Raymond Realty, the demerged real estate arm, reported strong growth in Q1 FY26 with net profit more than doubling to ₹16.5 crores and revenues up 188.7% YoY, focusing on joint development agreements with significant revenue potential.
Q4 FY25 Earnings Results
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Total Income: ₹557 crores, up more than 100 percent on the YoY basis.
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Total Expenses: ₹513 crores
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Profit Before Tax (PBT): ₹312.97 crores.
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Profit After Tax (PAT): ₹137 crores, down by 40.4 percent on the YoY basis
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EPS: ₹19.93.
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EBIT: ₹62.04 crores.
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EBIT Margin: 10.32% for Q4 FY25.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.