Shares of Raymond Realty surged more than 12% in early trade on Wednesday after the company reported a sharp jump in its Q4 FY26 earnings, driven by strong growth in revenue and operating performance.
The stock rose 12.46% to ₹533.85 on the NSE as of 9:51 am, with investors reacting positively to the company’s robust quarterly numbers and dividend announcement.
Raymond Realty reported a consolidated net profit of ₹161 crore for the quarter ended March 2026, compared to just ₹2.4 crore in the corresponding period last year, marking a massive year-on-year surge.
Revenue from operations also witnessed a sharp rise to ₹1,156.7 crore in Q4 FY26 from ₹117.1 crore in the year-ago quarter, reflecting strong execution and revenue recognition across projects.
Operational performance improved significantly during the quarter. EBITDA stood at ₹234.3 crore against ₹14.5 crore in the corresponding quarter of the previous financial year. EBITDA margin expanded to 20.3% from 12.4% a year ago, indicating better profitability and operating leverage.
The company’s board also recommended a dividend of ₹2 per equity share of face value ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval.
The sharp improvement in earnings comes amid continued momentum in the residential real estate sector, especially in premium and mid-premium housing markets across major cities. Investors appeared encouraged by the company’s scale-up in operations and improved margins, leading to strong buying interest in the stock.
Raymond Realty, the real estate arm of the Raymond Group, has been expanding its residential project portfolio with a focus on the Mumbai Metropolitan Region and redevelopment opportunities. The company has increasingly gained market attention following its aggressive growth strategy and improving financial performance.
The stock also witnessed heavy trading volumes in early deals as market participants cheered the earnings surprise and strong operational trajectory.