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Raymond Realty announced that it has signed a Joint Development Agreement (JDA) to develop a prestigious residential project in a prime location of Parel, Mumbai marking its foray in South Mumbai. This landmark project carries an estimated Gross Development Value (GDV) of approximately Rs. 8,500 crore, making it the largest project undertaken by the Raymond Realty outside its flagship Thane land parcel to date. It also represents Raymond Realty`s 8th Joint Development project in Mumbai city, reaffirming the strong momentum behind the Company`s strategic expansion plan. The development gives Raymond Realty a premier opportunity to construct an iconic, large-scale residential project in the heart of the city, offering unparalleled location advantages, unhindered sea views, and exceptional connectivity. The project leverages a highly strategic location, offering immediate connectivity via the newly commissioned Atal Setu to the Navi Mumbai International Airport. It also significantly reduces commute times to major business hubs such as Worli, BKC, and Lower Parel through the Sewri-Worli Elevated Connector, scheduled to open by late 2026, while the upcoming underground tunnel is set to ensure seamless travel to Marine Drive and Nariman Point by 2028.

Raymond Realty announced that change in name of its wholly owned subsidiary from Chembur Realty to Ten X Realty North with effect from 15 May 2026.

Raymond Realty announced that the 7th Annual General Meeting(AGM) of the company will be held on 14 July 2026.

Raymond Realty announced that the Board of Directors of the Company at its meeting held on 5 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Net profit of Raymond Realty rose 6613.33% to Rs 161.12 crore in the quarter ended March 2026 as against Rs 2.40 crore during the previous quarter ended March 2025. Sales rose 888.24% to Rs 1156.74 crore in the quarter ended March 2026 as against Rs 117.05 crore during the previous quarter ended March 2025.For the full year,net profit rose 1614.07% to Rs 304.59 crore in the year ended March 2026 as against Rs 17.77 crore during the previous year ended March 2025. Sales rose 429.17% to Rs 2990.79 crore in the year ended March 2026 as against Rs 565.18 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1156.74117.05 888 2990.79565.18 429 OPM %20.2512.37 -14.9410.79 - PBDT213.062.17 9718 397.7716.86 2259 PBT205.871.69 12082 374.6415.45 2325 NP161.122.40 6613 304.5917.77 1614 Powered by Capital Market - Live News