Raymond Realty Ltd on Friday reported a more than two-fold jump in its sales bookings to Rs 700 crore in the first quarter of this fiscal on strong demand for residential properties.Its sales bookings or pre-sales stood at Rs 306 crore in the year-ago period.In a regulatory filing, Raymond Realty said, "This exceptional performance validates the strong, underlying organic demand for our premium residential offerings, even in a quarter without new residential project launches".The company's collection of funds from customers rose 47 per cent annually to Rs 550 crore during the latest June quarter."Capital deployment during the quarter included Rs 198 crore of borrowings, primarily channelled to fulfil construction and working capital requirements for the project launches initiated in FY26," the company said.Its total outstanding borrowings as of June 30, 2026, stood at Rs 1,097 crore (compared to Rs 380 crore as on June 30, 2025), reflecting peak-cycle construction drawdowns for the 7 projects launched in FY26."These investments are heavily backed by our robust collection pipeline and are positioned to unlock significant revenue milestones over the next 12-18 months. The liquidity as on June 30 was Rs 270 crore, resulting in a net debt position of Rs 827 crore," the company said.Mumbai-based Raymond Realty is one of the leading real estate developers in the country.
Raymond Realty Q1 pre-sales jump over two-fold to Rs 700 cr on better housing demand
Raymond Realty has experienced an impressive increase in sales bookings, soaring to Rs 700 crore in the first quarter of the fiscal year. This outstanding performance reflects the heightened demand for residential properties, complemented by a 47% annual growth in customer fund collections. The company is strategically channeling resources to bolster current project launches and ensure future revenue growth through a robust collection pipeline.
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