Tag: Harmohan Sahni

IndustryLatest Stories

Raymond Realty Q2 FY26 Income Reaches ₹706 Crore

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…

IndustryLatest Stories

Raymond Realty to List on Exchanges, Forecasts Over 20% Growth

File Photo NEW DELHI: Raymond Realty (RRL), the real estate division of Raymond Group, is set to debut on Indian stock exchanges after its demerger from Raymond. The goal of this listing is to enhance shareholder value by forming a focused, debt-free real estate entity. Harmohan Sahni, MD & CEO of the company, stated, “Our net debt-free balance sheet, ownership of 100 acres of land, and a capital-efficient joint development model position us for sustainable annual growth of over 20% and an industry-leading ROCE exceeding 20%.” RRL operates under three residential brands: TenX, The Address by GS, and Invictus. The…