Realty company Raymond announced Q3FY25 results Revenue at Rs 985 crore with a YoY growth of 36% in Q3FY25. EBITDA at Rs 169 crore with a YoY growth of 33% with an EBITDA margin of 17.2% in Q3FY25. Real Estate business delivered a revenue of Rs 488 crore with a growth of 11% YoY growth with a booking value of Rs 505 crore in Q3FY25. Engineering business reported a revenue of Rs 433 crore (Inc. MPPL) in Q3FY25. Continues to be a net cash surplus company with Rs 696 crore available for future growth. Gautam Hari Singhania, Chairman & Managing Director, Raymond, said: “We witnessed continued growth momentum in our Real Estate business during the quarter, with a strong booking value on account of successful launch of a new residential tower and continued traction in high street retail shops on our Thane land. Additionally, we remain optimistic about the future of our Engineering business, particularly in the aerospace sector, where we foresee significant growth opportunities. As we enter the last quarter of the financial year, we remain optimistic about the growth trends across businesses and we are confident in our ability to deliver sustained value to our stakeholders” Result PDF
Conference Call with Raymond Ltd. Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.