Raymond Q4 profit plunges 91% even as revenue rises 8% What happened inside EBITDA

EBITDA and margins slipped, even with sales up

Raymond reported a 91% year-on-year fall in Q4 net profit to Rs 12 crore despite an 8% revenue uptick. Sequentially, PAT improved 68%, but EBITDA and margins weakened. The company, however, pointed to steady FY26 growth led by aerospace, defence, precision technology, and auto components, stressing a push toward high-moat, high-margin expansion.