Conference Call with Raymond Ltd. Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Realty company Raymond announced Q2FY25 results Revenue at Rs 1,101 crore with a YoY growth of 115% in Q2FY25. EBITDA at Rs 172 crore with a YoY growth of 75% with an EBITDA margin of 15.6% in Q2FY25. Real Estate business recorded revenue of Rs 571 crore with a growth of 135% YoY growth with a strong booking value of Rs 562 crore in Q2FY25. Engineering business recorded a revenue of Rs 443 crore (Inc. MPPL) with a YoY growth of 121% in Q2FY25 Revenue from Real Estate and Engineering business of Rs 1,101 crore, reflecting a ~ 115 % increase compared to the same quarter of the previous financial year, and an EBITDA of Rs 172 crore with an EBITDA margin of 15.6 %. Gautam Hari Singhania, Chairman & Managing Director, Raymond, said: “We witnessed good momentum both in Real Estate and Engineering businesses. With the launch of Park Avenue- High Street Reimagined, the first of its kind retail space in Thane, Raymond Realty has taken yet another pioneering step to create the aspirational ecosystem for its current and upcoming residential projects. The project execution remains our USP as our endeavor is to continue to deliver before RERA timelines. The seamless integration of Maini operations with JK Engineering has taken an affirmative shape and has started positive results with growth in the overall engineering business.” Result PDF