Investors in Raymond Limited were left reeling as the company’s Q4 consolidated net profit cratered by 99.2%, shrinking to just Rs 1.1 crore from Rs 133 crore in the corresponding quarter last year. A hefty Rs 20 crore exceptional loss became the culprit, derailing what could have been a stellar quarter.
Revenue, however, told a different story, climbing 8.1% to Rs 603 crore from Rs 558 crore. This growth reflects Raymond’s strategic push into high-potential areas such as aerospace, defense, and precision engineering.
The operational engine roared louder with EBITDA jumping 37.8% to Rs 75.5 crore. Margins expanded healthily from 9.8% to 12.5%, demonstrating efficient cost management and pricing power.
Pressures mounted from other quarters: other income halved to Rs 9.6 crore from Rs 43.9 crore, and expenses ballooned to Rs 587.14 crore. Tax dynamics shifted positively with a Rs 7.8 crore credit replacing last year’s Rs 8.8 crore expense.
Gautam Hari Singhanial, Chairman and MD, remained optimistic. ‘Strong growth in aerospace, defense, and precision technology segments persisted through Q4. Our subsidiaries are performing robustly, and we’re gearing up for global expansion targeting high-margin prospects,’ he affirmed.
Annually, fiscal 2025-26 delivered modest profit growth to Rs 53.54 crore from Rs 52.02 crore, alongside a healthy 13.6% rise in total income to Rs 2,212.1 crore. As Raymond navigates volatility, its diversified portfolio positions it for sustained recovery and value creation.
