Real Estate Mumbai
Raymond Realty Q2 Profit Dips 12% to Rs 53 Cr, Revenue at Rs 757 Cr
By GeoSquare News Desk · Published 2026-10-28
Raymond Realty, a leading Mumbai-based real estate developer, has reported a 12% year-on-year decline in net profit for the second quarter of the current financial year. Profit after tax stood at Rs 53 crore, reflecting pressure from higher input costs and project-specific expenses.
Total Income Rises to Rs 757.49 Crore
Despite the dip in profitability, the company's total income for the quarter rose to Rs 757.49 crore. This growth in revenue points to healthy sales velocity across its residential and commercial portfolios in Mumbai and its suburbs.
What This Means for Buyers
The numbers indicate that Raymond Realty continues to see steady demand, backed by its brand equity and timely execution. For property buyers, this reinforces the developer's financial stability, while investors may view the revenue growth as a positive signal for future project deliveries.