Raymond Q2 net profit doubles on higher revenue
In short
Raymond reported Q2 net profit of ₹32 crore, up from ₹13.9 crore a year ago. Revenue rose 24.1% to ₹655 crore, and EBITDA climbed 74.4% to ₹75 crore.
The numbers show a stronger quarter for the company. The reports do not say which business line caused the gain or whether the improvement will continue.
What the reporting says
Raymond reported a second-quarter net profit of ₹32 crore, up from ₹13.9 crore a year ago, with revenue rising 24.1% to ₹655 crore. The company also reported EBITDA of ₹75 crore, up 74.4%, and margin expansion of 336 basis points to 11.5%. The reporting points to better realisation, but it does not say what product mix or segment drove the improvement.
Why it matters
Raymond reported a stronger second quarter, with profit, revenue and EBITDA all rising sharply. The results suggest better realisation and improved operating performance, and the margin increase to 11.5% points to better cost control or pricing. The available reporting does not identify which division drove the gain or whether the improvement was broad-based across the company.