NEW DELHI: Raymond Realty has announced a consolidated net profit of ₹66.79 crore for the quarter ending December 31, 2025, a significant increase from ₹3.01 crore reported in the same quarter last fiscal year, according to a BSE filing.
The company’s consolidated total income for Q3 FY26 reached ₹765.97 crore, compared to ₹93.26 crore in the corresponding quarter of the previous year.
Harmohan Sahni, the managing director and CEO, stated, “Margins were temporarily affected due to upfront approval and marketing expenses, which are crucial investments for achieving scale and ensuring sustainable long-term growth.”
The company projects that joint development agreements (JDAs) will contribute approximately 50% of booking value over the next two to three years. Currently, it has six JDAs in its portfolio, with two already launched and under development; the company aims to launch the remaining four within the next nine to twelve months.
The booking value for the first nine months of FY26 was ₹1,504 crore, down from ₹1,678 crore during the same period last year, while customer collections amounted to ₹1,210 crore in FY26, down from ₹1,391 crore in FY25.
Raymond Realty is currently developing 55 acres of land in Thane, translating to 5.8 million sq ft of usable space, with a potential revenue of ₹13,200 crore. So far, it has sold ₹8,500 crore worth of this area and collected ₹6,700 crore.
