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Raymond Realty Ltd reported a 19% year-on-year decline in consolidated net profit to INR 13.43 crore for the quarter ended June, as higher operational expenses weighed on profitability. The company had recorded a consolidated net profit of INR 16.50 crore in the corresponding quarter of FY26. Despite the decline in earnings, total income increased to INR 535.71 crore during the first quarter of FY27 from INR 391.86 crore a year earlier, according to a regulatory filing. The company also recorded a substantial increase in sales bookings during the quarter. Pre-sales rose to INR 700 crore in Q1 FY27 from INR 306 crore in the corresponding period of the previous financial year. The increase in bookings came alongside higher total income, although elevated operating costs affected the company’s bottom-line performance during the quarter.
Raymond Realty Ltd reported a 19% decline in consolidated net profit to INR 13.43 crore for the quarter ended June, as higher operational expenses affected its earnings during the first quarter of FY27, the real estate company said in a regulatory filing on Friday.
The company’s consolidated profit stood at INR 16.50 crore in the corresponding quarter of the previous financial year. The decline of INR 3.07 crore represents an 18.6% year-on-year reduction, with higher operational expenses weighing on profitability during the three-month period.
Total income, however, increased substantially during the quarter. Raymond Realty reported total income of INR 535.71 crore in Q1 FY27, compared with INR 391.86 crore in the corresponding period of FY26. This represents an increase of INR 143.85 crore, or about 36.7%, over the year-ago period.
The company also recorded a sharp increase in sales bookings during the quarter. Pre-sales reached INR 700 crore in Q1 FY27, compared with INR 306 crore in the same quarter a year earlier. The increase of INR 394 crore represents a year-on-year rise of around 129%.
The growth in bookings came despite the decline in consolidated net profit, indicating that the company’s operating performance during the quarter included a significant increase in sales activity. Total income also increased by more than one-third from the corresponding period of the previous financial year.
Raymond Realty is part of the Raymond Group’s real estate business and operates as a real estate developer in India. Its quarterly results provide separate indicators for income, profitability and sales bookings, with the latest figures showing stronger top-line and booking performance alongside pressure on the bottom line.
The company’s Q1 FY27 results therefore present a mixed financial picture. Total income increased from INR 391.86 crore to INR 535.71 crore, while sales bookings more than doubled from INR 306 crore to INR 700 crore. At the same time, consolidated net profit declined from INR 16.50 crore to INR 13.43 crore because of higher operational expenses.
The results cover the quarter ended June, marking the first three months of Raymond Realty’s FY27 financial year. The company disclosed the figures through a regulatory filing, with the reported income and sales-booking growth occurring alongside the increase in operating expenses that affected profitability.
Raymond Realty’s latest quarterly performance comes as the company continues to report its sales activity through pre-sales, a key operating metric for property developers. The INR 700 crore booking figure for the quarter was more than twice the level recorded during Q1 FY26, while total income also registered a sizeable year-on-year increase.
Source - PTI
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