Raymond Realty Reports 98 Percent Pre-Sales Growth to Rs 902 Crore in Q2 FY27
New Delhi, October 6, 2026: Raymond Realty Limited nearly doubled its pre-sales in the second quarter of FY27, reaching Rs 902 crore compared to Rs 455 crore in the same period last year, according to a press release issued by the company. H1 FY27 pre-sales also registered a 111 percent year-on-year increase to Rs 1,602 crore.
Quarterly collections grew by 67 percent year-on-year to Rs 682 crore, while H1 FY27 collections rose 57 percent to Rs 1,233 crore. Growth during the quarter was driven entirely by sustained sales velocity and price realization within the existing Address by GS portfolio, without any new project launches.
During the quarter, the company received the Occupation Certificate for Address by GS Season 1 Tower B in Thane, comprising 270 units, approximately 18 months ahead of its March 2028 RERA timeline. Looking ahead, Raymond Realty plans to launch two joint development agreement projects in Mahim with a combined gross development value of over Rs 4,100 crore in the second half of the fiscal year.
Commenting on the performance, Harmohan Sahni, Managing Director & CEO, Raymond Realty Limited, said: “We nearly doubled pre-sales this quarter without any new launches, supported by resilient sustenance sales and continued homebuyer confidence in our projects. Simultaneously, the 67% year-on-year growth in collections highlights our focus on cash flow efficiency. Furthermore, receiving the Occupation Certificate (OC) for The Address by GS Season 1 Tower B approximately 18 months ahead of its RERA timeline stands as a strong testament to our execution capabilities. Looking ahead, our focus centres on scaling our operational footprint through a strong pipeline of scheduled launches in MMR. Representing a cumulative GDV of over Rs 4,100 crore, these launches are expected to strengthen our market position and support our objective of achieving the pre-sales guidance for FY27. Our approach remains disciplined: grow based on collections, keep leverage well within our ceiling, and compound returns for our shareholders.”
As of September 30, 2026, gross borrowings stood at Rs 1,220 crore, with net debt at Rs 914 crore backed by Rs 306 crore in liquidity. CARE reaffirmed the company’s credit rating at CARE A+ with a stable outlook. Raymond Realty remains on track for its target of approximately 20 percent pre-sales growth in FY27.
