Raymond Q1: Profit slips 9%, aerospace momentum lifts revenue

Raymond’s consolidated revenue has risen 21% to ₹542.2 crore, supported by strong performances in auto components

by e4m Staff
Published: Aug 7, 2025 10:14 AM | 1 min read

Raymond has reported a modest dip in consolidated net profit for the quarter ended June 2025, even as strong growth in its aerospace and precision technology businesses drove a sharp revenue uptick.

Net profit fell 8.8% year-on-year to ₹20.6 crore, compared to ₹22.6 crore in the same quarter last year. However, consolidated revenue rose 20.5% to ₹542.2 crore, supported by robust momentum in the aerospace and auto components segments.

EBITDA for the quarter stood at ₹78.1 crore, up 30.8% from ₹59.7 crore a year ago. EBITDA margin also improved to 14.4%, compared to 13.3% in the corresponding period last year.

The aerospace and defence segment delivered a standout performance, with revenue rising 37% to ₹87 crore and an EBITDA margin of 23.7%. Chairman and Managing Director Gautam Hari Singhania noted the strategic significance of newly signed long-term supply agreements with global aviation leaders Pratt & Whitney and Safran Engines. “These landmark partnerships reinforce our global positioning in aerospace manufacturing,” he said.

Raymond’s Tools and Hardware division also expanded into new markets, further supporting topline growth. The company remains net-debt free and reported a cash surplus of ₹157 crore at the end of the quarter.

On the restructuring front, Raymond confirmed that the National Company Law Tribunal’s approval dated July 4 has come into effect, with the necessary filings completed on July 31. Two new subsidiaries, including JK Maini Precision Technology Ltd, have now been formally constituted under the approved scheme.