Raymond Q3 FY26: revenue grows but exceptional items drag PAT
RAYMOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 5.7 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Raymond Q3 FY26 consolidated revenue from continuing operations grew about 20% YoY to Rs 557 crore, led by Precision Tech and Aerospace. But 9M consolidated PAT from continuing ops swung to a Rs 1100 crore loss (vs Rs 451 crore profit last year) on Rs 181 crore exceptional loss (Rs 167 crore goodwill reversal plus Rs 14 crore labour code impact). Q3 standalone showed Rs 32 crore loss. Statutory auditor changed to Chaturvedi and Shah from Walker Chandiok mid-year.
Continued business shows revenue and EBITDA margin growth, but goodwill write-off and mid-year auditor change raise flags. Standalone weak.