India's Raymond Realty set for worst day since listing on Q1 earnings slump

Raymond Realty

06/08/2025 06:31

** India's Raymond Realty RAYO.NS falls 6.21% to 679.7 rupees after Q1 results

** Stock set for worst day since listing after demerger from Raymond RYMD.NS on July 1

** Raymond Realty's Q1 net profit slumps 52%, while revenue falls 23%

** Core profit margin contracts to 10.5% from 13.5%

** RAYO says performance reflects sales moderation due to limited unsold inventory in its matured real estate projects

** Adds, second half of the year will see improved performance due to planned new launches

** RAYO down 32% from its list price on July 1

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))