Despite higher revenue, Raymond reported a sharp fall in Q4 FY26 profit due to an exceptional item, while FY26 full-year earnings showed marginal growth and steady revenue expansion
Raymond on Tuesday reported a 53 per cent decline in consolidated net profit from continuing operations at Rs 11.93 crore for the fourth quarter ended 31 March 2026, weighed down by an exceptional item. The company had posted a net profit from continuing operations of Rs 25.42 crore in the same quarter of the previous financial year, according to a regulatory filing.
Revenue from continuing operations during the quarter rose to Rs 602.91 crore, compared with Rs 557.46 crore in the corresponding period of the previous year. However, total expenses also increased to Rs 587.14 crore from Rs 556.85 crore a year earlier, reflecting higher operational costs.
Raymond, which operates in aerospace, defence, precision technology and auto components, reported an exceptional item outgo of Rs 20.03 crore during the quarter.
For the full financial year FY26, the company’s consolidated net profit from continuing operations stood at Rs 53.54 crore, marginally higher than Rs 52.02 crore in FY25. Annual consolidated revenue from continuing operations increased to Rs 2,212.1 crore in FY26 from Rs 1,946.84 crore in the previous fiscal.
“FY26 was defined by healthy growth across our core aerospace, defence, and precision technology segments, maintaining resilience even through the final quarter,” Raymond Chairman and MD, Gautam Hari Singhania, said.
Looking ahead, he said, “Our strategy remains clear: we are investing in high-moat sectors where our technical expertise provides a competitive edge. As our subsidiaries continue to deliver strong operational results, our priority is now to scale at pace with global demand.”
