Raymond Realty Q4 FY26 profit jumps 67x; stock rises 15%

Stock reacts sharply to Q4 earnings

Raymond Realty surged 14.57% to ₹543.65 after reporting a steep year-on-year jump in profitability for the March quarter. The move came as investors reacted to a sharp rise in both earnings and operating revenue for Q4 FY26. The company’s results also included an update on pre-sales for the quarter, a closely watched metric for real estate developers. Separately, the board recommended a dividend for FY26, setting key dates for shareholders to track.

Q4 FY26: Profit leaps, revenue scales up

For Q4 FY26, Raymond Realty reported consolidated net profit of ₹161.12 crore. This was up more than 67 times from ₹2.40 crore in Q4 FY25, as per the figures disclosed. Revenue from operations also surged sharply, rising 888.24% year-on-year to ₹1,156.74 crore in Q4 FY26.

The scale of the year-on-year change indicates a materially stronger quarter compared to the low base of the previous year. The company also disclosed that consolidated net profit for Q4 FY26 was ₹16,112 lakh, which is equivalent to ₹161.12 crore, aligning with the quarter profit figure. Consolidated net total income for Q4 FY26 was stated at ₹1,176.80 crore.

Pre-sales jump highlights demand and execution

Raymond Realty reported that pre-sales surged 139% to ₹1,519 crore in Q4 FY26, compared with ₹636 crore in Q4 FY25. Pre-sales are commonly used to gauge sales momentum in residential real estate because they represent the value of units sold during a period. The Q4 number indicates a materially higher run-rate versus the year-ago quarter.

The company’s investor presentation also reported booking value of ₹3,023 crore in FY26, marking a 31% year-on-year increase over ₹2,314 crore in FY25. It also stated that JDA projects contributed 56% of annual pre-sales, pointing to a meaningful share coming from joint development arrangements.

FY26: Strong growth on an annual basis

On a full-year basis, Raymond Realty’s consolidated net profit surged more than seventeen times to ₹304.59 crore in FY26 compared with ₹17.77 crore in FY25. Revenue from operations increased 429.17% to ₹2,990.79 crore in FY26 from ₹565.18 crore in FY25.

The company also reported consolidated total income of ₹3,039.42 crore for FY26 versus ₹567.30 crore in FY25. In the same disclosure set, profit before tax (PBT) for FY26 was reported at ₹374.64 crore.

Dividend recommendation: ₹2 per share, dates to watch

Raymond Realty’s board recommended a dividend of ₹2 per equity share for the financial year ended March 31, 2026. The company described this as 20% on the equity share capital, considering the face value of ₹10 per share.

The dividend is subject to shareholder approval at the ensuing 7th Annual General Meeting (AGM). The AGM is scheduled for Tuesday, July 14, 2026. The record date, if declared at the AGM, would be Friday, July 03, 2026. If approved, the dividend will be paid on or after Tuesday, July 14, 2026.

Board meeting and audit status

The Board of Directors, at its meeting held on May 05, 2026, approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The company stated that the financial results received an unmodified audit opinion from joint statutory auditors Walker Chandlok & Co LLP and Chaturvedi & Shah LLP.

Such audit references matter for investors because they signal whether auditors issued any qualifications or adverse remarks. In this case, the audit opinion was stated as unmodified.

Standalone snapshot disclosed alongside consolidated numbers

Alongside consolidated results, the company provided standalone figures for FY26. On a standalone basis, total income for FY26 was ₹1,725.68 crore, with revenue from operations at ₹1,615.74 crore and other income at ₹109.94 crore. Standalone net profit for FY26 was ₹262.72 crore.

For Q4 FY26, standalone total income was ₹587.07 crore, with net profit at ₹128.23 crore. These numbers provide additional context on performance without consolidation effects.

Key figures at a glance

Market impact and why investors focused on these metrics

The immediate market reaction tracked the scale of the jump in quarterly profit and revenue, with the stock rising 14.57% to ₹543.65. In real estate, investors also tend to weigh pre-sales and booking value trends because they can indicate the pace of customer demand and sales conversion. The company’s disclosure of ₹1,519 crore pre-sales in Q4 FY26 and booking value of ₹3,023 crore for FY26 provided additional support to the earnings narrative.

The company also referenced a total portfolio of ₹42,000 crore GDV (gross development value), which is often used to indicate the potential revenue opportunity embedded in the project pipeline. Separately, the dividend recommendation adds a shareholder-return element, with clear timing markers around the record date and AGM.

Conclusion

Raymond Realty’s Q4 FY26 update combined sharp year-on-year growth in consolidated profit and revenue with a strong pre-sales number, triggering a double-digit stock move. The company has also recommended a ₹2 per share dividend for FY26, subject to shareholder approval at the 7th AGM on July 14, 2026, with a proposed record date of July 03, 2026.