{"id":178106,"date":"2026-01-28T06:21:53","date_gmt":"2026-01-28T11:21:53","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178106"},"modified":"2026-01-28T06:21:56","modified_gmt":"2026-01-28T11:21:56","slug":"raymond-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/raymond-q3-fy26-earnings-results\/","title":{"rendered":"Raymond Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Raymond Limited incorporated in 1925 is a diversified group with interests in Textile &amp; 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 &amp; 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.<\/p>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b9557 cr, +19.5% YoY vs \u20b9466 cr, +5.6% QoQ vs \u20b9527 cr; standalone net sales \u20b9122 cr (+32% YoY, +38% QoQ), driven by fabric\/apparel demand, engineering growth, but lifestyle exports pressured.<\/li>\n\n\n\n<li>EBITDA: \u20b983 cr, +27% YoY vs \u20b965 cr (Raymond Ltd), margin 14.3% (+100 bps YoY); consolidated operating PBDIT excl OI \u20b960 cr, margin 10.8% (+244 bps YoY), reflecting efficiency despite costs.<\/li>\n\n\n\n<li>PAT: Consolidated \u20b93.6 cr (\u221295% YoY vs \u20b972 cr due to exceptional\/tax items); standalone \u20b97.1 cr (+78% YoY); EPS impacted by one-offs.<\/li>\n\n\n\n<li>Other key metrics: 9M revenue \u20b91,609 cr (+ sustained double-digit growth); Raymond Lifestyle income \u20b91,883 cr (+5% YoY); Realty bookings \u20b9743 cr (9M \u20b91,504 cr), collections \u20b91,210 cr; net cash \u20b9214 cr.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Operational resilience with revenue\/<a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/55bc599a-a009-47da-9638-196190250bd6.pdf\" target=\"_blank\" rel=\"noopener\">margin gains overshadowed<\/a> by exceptional items\/tax; lifestyle domestic strength offsets exports.<\/li>\n\n\n\n<li>Strategic moves: Demerger de-risks into lifestyle (fabrics\/garments\/branded apparel) and realty; net debt-free engineering (\u20b927 cr surplus Q2), aerospace\/defence +15% revenue; focus on high-margin segments, launches.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98-839x1024.png\" alt=\"\" class=\"wp-image-178107\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: Consolidated \u20b9528 cr (+11% YoY vs \u20b9514 cr); total income \u20b9564 cr (+10% YoY); lifestyle strong, engineering +9.9%.<\/li>\n\n\n\n<li>EBITDA: \u20b979 cr (+3% YoY), margin 14.1% (\u2212100 bps YoY); aerospace \u20b917 cr (+34% YoY, 21% margin); precision \u20b957 cr (+57% YoY, 13.9% margin).<\/li>\n\n\n\n<li>PAT: Consolidated \u20b914 cr (\u221276% YoY due to realizations\/one-offs); standalone \u2212\u20b92.85 cr.<\/li>\n\n\n\n<li>Other key metrics: H1 lifestyle revenue \u20b91,475 cr (+18% YoY); net cash \u20b927 cr; Realty H1 revenue \u20b91,071 cr (+201% YoY), PAT surge.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Balanced growth across segments amid competitive pressures; margin dip from costs, but engineering shines.<\/li>\n\n\n\n<li>Strategic moves: Post-demerger focus on lifestyle\/realty synergy; debt reduction to net cash; expansion in defence\/auto components, branded apparel.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raymond Limited incorporated in 1925 is a diversified group with interests in Textile &amp; 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 &amp; Middle East. The Company has a retail network of 1,638 stores, including 1,589 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":178107,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,85],"tags":[8888],"class_list":["post-178106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-retail-stocks","tag-apparel-manufacturing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-98.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178097,"url":"https:\/\/alphastreet.com\/india\/siyaram-silk-q3-fy26-earnings-results\/","url_meta":{"origin":178106,"position":0},"title":"Siyaram Silk Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Siyaram Silk Mills Ltd is a Textile manufacturing company. It is engaged in manufacturing fabrics and readymade garments, especially in the men\u2019s wear section. The Company exports to countries like UAE, Australia, Bahrain, Bangladesh, Cambodia, Canada, etc. Q3 FY26 Earnings Results Revenue from Operations: \u20b9624.08 cr, +9.35% YoY vs \u20b9570.73\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178001,"url":"https:\/\/alphastreet.com\/india\/vishal-mega-mart-q3-fy26-earnings-results\/","url_meta":{"origin":178106,"position":1},"title":"Vishal Mega Mart Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials. Q3 FY26 Earnings Results Revenue from Operations: \u20b93,670.41 cr, +17.04% YoY vs \u20b93,135.94 cr, +23.11% QoQ. EBITDA: \u20b9605.4 cr, +20% YoY vs \u20b9504.5 cr, margin 16.5%\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178860,"url":"https:\/\/alphastreet.com\/india\/stovekraft-q3-fy26-earnings-results\/","url_meta":{"origin":178106,"position":2},"title":"Stovekraft Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 2, 2026","format":false,"excerpt":"StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi.\u00a0It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178311,"url":"https:\/\/alphastreet.com\/india\/phoenix-mills-q3-fy26-earnings-results\/","url_meta":{"origin":178106,"position":3},"title":"Phoenix Mills Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 29, 2026","format":false,"excerpt":"Phoenix Mills Ltd is engaged in the operation & management of malls, construction of commercial & residential property and hotel business in India. Its core businesses include Retail, Office, Hotel and Asset Management. 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EBITDA: \u20b939.76 cr (PBDIT excl OI), +2% QoQ, margin 22.09% (+61 bps QoQ).\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-96.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-96.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-96.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-96.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-96.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-96.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178106"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178106\/revisions"}],"predecessor-version":[{"id":178108,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178106\/revisions\/178108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/178107"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}