NEW DELHI: Raymond Realty (RRL), the real estate division of the Raymond Group, reported a standalone profit after tax of ₹26.93 crore for the quarter ending June 30, 2025. The standalone total income for Q1 FY26 stood at ₹334.34 crore.
The company recorded a booking value of ₹306 crore, with collections reaching ₹374 crore in Q1 FY26.
RRL’s total gross development value (GDV) is ₹40,000 crore, and it remains a net-debt free firm with a net cash surplus of ₹233 crore.
The company became a separate entity on the Indian stock exchanges as of July 1, 2025, following its strategic demerger from Raymond.
RRL is actively developing approximately 40 acres of land in Thane, which equates to a carpet area of four million sq ft and is expected to generate revenue of ₹9,000 crore. To date, ₹7,850 crore of this has been sold, with ₹6,000 crore collected so far. An additional 60 acres of unlaunched inventory, translating to 7.4 million sq ft of carpet area, will be rolled out over the next 7-8 years.
The company plans to expand using an asset-light business model via joint development agreements (JDA). Currently, RRL has six JDAs in its portfolio, of which one is launched and under development. It anticipates launching three to four of the remaining five JDAs in the next 6-9 months and the remainder in the following 12-18 months.
