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Asia

Raymond Realty Q1 net profit falls 19 pc to Rs 13.43 cr on higher expenses

Markets-Economic Times · 1h ago · 🇮🇳 India

Raymond Realty Q1 net profit falls 19 pc to Rs 13.43 cr on higher expenses

Raymond Realty experienced a 19% drop in profit for the quarter that ended in June, primarily due to increased operational costs that affected net earnings. Despite this, the total income rose to Rs 535.71 crore year-on-year. Moreover, the company reported impressive sales bookings of Rs 700 crore in the first quarter of FY27, representing a substantial increase from Rs 306 crore during the same period last year.

Read the full story at Markets-Economic Times →

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