India's Raymond gains after quarterly profit nearly doubles

Raymond

28/10/2026 05:13

** Shares in India's Raymond RYMD.NS rise as much as 7.3% to 1,160.50 rupees; last up 1.4%  
** Engineering firm's September-quarter consolidated profit almost doubles to 223.5 million rupees ($2.4 million), revenue from operations jumps 24% 
** Solid results backed by strong performance in Aerospace & Defence and Precision Technology & Auto Components divisions
** Stock up over 150% so far this year 


($1 = 95.1150 Indian rupees)

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))