Raymond Q2 Results: What to Expect from the Textile Giant
Raymond Ltd., one of India’s leading textile and apparel companies, is scheduled to announce its Q2 results for FY26 on October 27. The company, which has a global footprint across over 50 countries, will discuss its performance for the quarter ended September 30.
Q2 Results Announcement Details
In an exchange filing dated October 16, Raymond Ltd. informed that a meeting of its Board of Directors is scheduled on October 27 to consider approval of the unaudited standalone and half-year ended September 30. The exchange filing did not mention a dividend declaration.
As per SEBI rules to prevent insider trading, the trading window for dealing in securities of the company is closed for designated persons and their immediate relatives from October 1 until 48 hours after the declaration of financial results for Q2FY26.
Earnings Call Schedule
Raymond Ltd. will host an earnings call with investors and analysts at 5:30 p.m. on October 28 to discuss the performance in the second quarter of FY26. The call will provide an opportunity for investors and analysts to ask questions and gain insights into the company’s performance and future plans.
Q1 Results Review
Raymond Ltd. reported an 8.8% year-on-year (YoY) drop in its consolidated profit from continuing operations to Rs 20.62 crore in Q1FY26 as compared to Rs 22.62 crore in Q1FY25. Total income rose 11.2% year-on-year to Rs 555.32 crore in Q1FY26 from Rs 499.52 crore in Q1FY25. Total expenses grew 15.2% YoY to Rs 525.07 crore in Q1FY26 from Rs 455.8 crore in Q1FY25.
The company’s Q1 results were impacted by higher expenses, which offset the growth in total income. However, the company’s management expressed optimism about the future prospects, citing improving demand and expansion plans.
Share Price History
Shares of Raymond Ltd. have remained nearly flat in the past five trading sessions on the NSE, rising 0.2%. In the past month, Raymond share price has fallen by 6.57%.
The Raymond stock hit a 52-week high of Rs 1,908 on the NSE on December 11, 2024, and a 52-week low of Rs 523.10 on May 14. Raymond shares ended 0.52% lower at Rs 575.90 apiece on the NSE on Friday, compared to a 0.37% decline in the benchmark Nifty 50.
Investors can visit https://sharemarketcoder.in/?s=Raymond+Ltd+share+price to check the latest share price and news updates.
What to Expect from Q2 Results
Investors and traders will be keenly watching the Q2 results of Raymond Ltd. to gauge the company’s performance and future prospects. The company’s management is expected to provide guidance on the outlook for the second half of FY26 and the impact of the ongoing economic trends on the business.
Some of the key factors to watch out for in the Q2 results include:
- Revenue growth: Will the company report a growth in revenue, driven by improving demand and expansion plans?
- Profitability: Will the company’s profitability improve, driven by cost-cutting measures and operating efficiency?
- Guidance: What guidance will the company provide on the outlook for the second half of FY26 and the impact of the ongoing economic trends on the business?
Investors can visit https://sharemarketcoder.in/?s=Indian+stock+market+news to stay updated on the latest news and developments from the Indian stock market.
Conclusion
Raymond Ltd. is one of the leading textile and apparel companies in India, with a global footprint across over 50 countries. The company’s Q2 results will provide valuable insights into its performance and future prospects. Investors and traders will be keenly watching the results to gauge the company’s growth prospects and the impact of the ongoing economic trends on the business.
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