Raymond's Q2 FY 2025-26 Quarterly Results

Result Summary

• Raymond Ltd reported a 1.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 48.8%.
• Its expenses for the quarter were up by 3.7% QoQ and down 45.4% YoY.
• The net profit decreased 99.7% QoQ and decreased 76.5% YoY.
• The earnings per share (EPS) of Raymond Ltd stood at 1.71 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Raymond Ltd is a well-known Indian brand primarily engaged in the textile and apparel industry. The company is recognized for its high-quality fabrics and garments, including suits, shirts, and woolen products. Established in 1925, Raymond has built a strong brand presence and is considered a market leader in the domestic textile market. In addition to textiles, the company has diversified into other sectors such as real estate, consumer products, and engineering. However, the core business remains focused on fabric and apparel manufacturing. As of the latest updates, Raymond has been involved in initiatives to expand its retail presence and enhance its product offerings to cater to evolving customer preferences.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Raymond Ltd reported a total income of ₹563.71 crores, showing a slight increase of 1.5% compared to the previous quarter (Q1FY26), which was ₹555.32 crores. However, when compared to the same quarter of the previous year (Q2FY25), the total income decreased significantly by 48.8% from ₹1100.70 crores. This decline in year-over-year revenue suggests a notable change in the company's income generation over the past year. The quarter-over-quarter growth, though modest, indicates some recovery or stability in revenue performance compared to the previous quarter.

Profitability

Raymond Ltd's profitability metrics for Q2FY26 reveal substantial variations compared to both the previous quarter and the same quarter in the prior year. The company reported a profit before tax (PBT) of ₹-148.06 crores, a significant decline from a PBT of ₹30.25 crores in Q1FY26 and ₹102.92 crores in Q2FY25. This represents a quarter-over-quarter decrease of 589.5% and a year-over-year decrease of 243.9%. The tax component for Q2FY26 was reported as a negative ₹162.17 crores, contrasting sharply with the taxes of ₹7.59 crores in Q1FY26 and ₹29.97 crores in Q2FY25. This resulted in a profit after tax (PAT) of ₹13.89 crores in Q2FY26, which is a significant reduction from ₹5328.15 crores in Q1FY26 and ₹59.01 crores in Q2FY25, reflecting a quarter-over-quarter decline of 99.7% and a year-over-year decrease of 76.5%. Earnings per share (EPS) also saw a drastic decrease to ₹1.71 in Q2FY26 from ₹800.16 in Q1FY26 and ₹9.01 in Q2FY25.

Operating Metrics

The financial data for Raymond Ltd in Q2FY26 highlights key operating metrics, providing insights into the company's financial health. Total expenses for the quarter were reported at ₹544.37 crores, which is a 3.7% increase from ₹525.07 crores in Q1FY26. However, compared to Q2FY25, expenses have decreased by 45.4% from ₹997.78 crores. This change in expenses contributes to the overall financial performance metrics observed for the quarter. The significant negative profit before tax and unique tax scenario in Q2FY26 are notable points that impact the operating metrics and overall financial results.