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ET Markets - Stocks 67d ago
Raymond Q4 results: Cons PAT falls 91% YoY to Rs 12 crore despite 8% revenue uptick
Raymond on Tuesday reported a steep 91% YoY drop in Q4 net profit to Rs 12 crore despite an 8% revenue rise. Sequentially, PAT improved 68%. EBITDA and margins weakened, but FY26 reflected steady growth driven by aerospace, defence, precision technology, and auto components, with management emphasising high-moat, high-margin expansion.
CONSDEFENCENDRAUTOPRECISIONRAYMONDAutomobile and Auto ComponentsFinancial Services