Raymond Limited — Board Meeting, 04-11-2024: Outcome of Board Meeting
04-11-2024 · 07:33 pm
Raymond Limited reported impressive Q2 results for FY25, with revenue surging to ₹1,101 crore, reflecting a 115% year-over-year increase. EBITDA also grew 75%, reaching ₹172 crore, with an EBITDA margin of 15.6%. The Real Estate segment reported revenue of ₹571 crore (up 135% YoY), while the Engineering business generated ₹443 crore, a 121% increase. Following the demerger of its Lifestyle business, Raymond focuses on its core Real Estate and Engineering sectors.
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