NEW DELHI: Raymond Realty has reported a total income of ₹706 crore in Q2 FY26, marking a 20% year-on-year increase from ₹589 crore in Q2 FY25.
The company’s EBITDA rose to ₹101 crore in Q2 FY26, compared to ₹95 crore in the same quarter last year, with an EBITDA margin of 14.3% in Q2 FY26, down from 16.2% in Q2 FY25.
According to Harmohan Sahni, managing director, “We are on track with our strategic plan for the latter half of the year, expecting increased operational activity supported by a new pipeline of project launches.”
The current potential revenue from its real estate operations is nearing ₹40,000 crore, which includes a 100-acre land parcel in Thane with a projected revenue of ₹25,000 crore. About 55 acres of this Thane parcel is under development, translating to 5.8 million sq ft of RERA carpet area, which could generate ₹13,200 crore in revenue.
The company is managing six joint development agreements (JDAs), with one launched and underway. It aims to launch three to four additional JDAs over the next 6 to 9 months and the remainder within 12 to 18 months.
During Q2 FY26, the company achieved a booking value of ₹455 crore and remains net cash positive with ₹48 crore.
