Raymond Ltd. shares were under pressure in early trade, falling over 3% after the company announced its financial results for the first quarter of FY26. The stock opened at ₹625 and hit an intraday low of ₹620.35, down from the previous close of ₹643.25.
The company posted a strong topline performance, with revenue rising 16.6% year-on-year to ₹524.29 crore compared to ₹449.81 crore in the same quarter last year. However, the bottom line was underwhelming — net profit slipped 9% to ₹20.62 crore from ₹22.62 crore, denting investor sentiment.
On the operational front, EBITDA saw a healthy 25% jump to ₹56.28 crore against ₹44.88 crore last year, with EBITDA margin improving slightly to 10.7% from 10.0%.
As of the morning session, the stock had declined over 3%, trading between ₹620.35 and ₹634.25. The 52-week range for Raymond shares stands between ₹408.11 and ₹783.90.
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