Raymond Ltd reported its Q2 earnings on Tuesday. Raymond reported a 130 per cent rise in consolidated net profit to Rs 32 crore in Q2 of this fiscal against net profit of Rs 13.9 crore in the year-ago period. Revenue rose 24% to Rs 655.16 crore in the last quarter against Rs 527.69 crore in Q2 of the previous fiscal.
EBITDA climbed 74.4% to Rs 75 crore in Q2 against Rs 43 crore on a YoY basis. EBITDA margin came at 11.5% in Q2 against 8.14% a year ago.
Total income climbed to Rs 683.22 crore during July-September period of this fiscal from Rs 527.69 crore in the corresponding period of the previous year.
The earnings were announced after market hours. Raymond stock ended 2.56% higher at Rs 1079.10 on Tuesday against the previous close of Rs 1052.15. Total 0.42 lakh shares of the firm changed hands amounting to a turnover of Rs 4.48 crore. Market cap of the firm climbed to Rs 7184 crore on BSE.
Raymond stock opened higher at Rs 1055 today. Raymond has a one-year beta of 1.38, indicating high volatility during the period.
In terms of technicals, the relative strength index (RSI) of the stock stands at 46, signaling the stock is neither overbought nor oversold on technical charts. Raymond shares are trading lower than the 5 day, 10 day, 20 day, 30 day but higher than the 50 day, 100 day, 150 day and 200 day moving averages. Shares of Raymond have risen 81 per cent in three months and zoomed 153 per cent in 2026.
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