Raymond Limited — Board Meeting, 29-01-2025: Outcome of Board Meeting

The Board of Directors of Raymond Limited has approved the unaudited financial results for the third quarter and nine months ended December 31, 2024. The consolidated revenue for Q3 FY25 is ₹ 985 Cr, marking a 36% year-over-year increase, with an EBITDA of ₹ 169 Cr and an EBITDA margin of 17.2%. The real estate segment registered revenue of ₹ 488 Cr, up 11% YoY, while the engineering division reported revenue of ₹ 433 Cr. The company remains net cash surplus with ₹ 696 Cr available for future growth initiatives.