RRUSE/26-27/07 May 05, 2026

To, The Department of Corporate Services - CRD, BSE Limited, P.J. Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 544420

National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Bandra-Kurla Complex, Sandra (East), Mumbai - 400 051. Symbol: RAYMONDREL

Dear Sir/Madam,

Sub: Raymond Realty Limited: Outcome of the Meeting of the Board of Directors held on Tuesday, May 05, 2026 - Approval of Audited Financial Results (Standalone & Consolidated) for the Financial Year ended March 31, 2026 along with Press Release and declaration of Dividend.

Ref: Raymond Realty Limited (ISIN: INE1SY401010).

This is to inform that the Board of Directors of Raymond Realty Limited ("the Company") at their meeting held today i.e. Tuesday, May 05, 2026, have inter alia considered and approved the Audited Financial Results (Standalone & Consolidated) of the Company for the Financial Year ended March 31, 2026 and payment of Dividend for FY2025-26.

The Meeting of the Board of Directors commenced at 02:04 P.M. (1ST) and concluded at 03:55 P.M. (1ST).

Accordingly, pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we enclose herewith the following:

1. Audited Financial Results (Standalone & Consolidated) for the quarter Financial Year ended March 31, 2026;
1. Independent Auditor's Report received from the Statutory Auditors of the Company for the said period; and
1. Press Release on the Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026.

Further, please note that the Independent Auditors have issued their Audit Report with unmodified opinion on the Annual Audited Financial Results of the Company (Standalone and Consolidated) for the financial year ended March 31, 2026, in terms of Regulation 33(3)(d) of SEBI Listing Regulations.

Dividend

The Board of Directors of the Company have recommended payment of dividend of 20% on the Equity share capital i.e. Rs.2/- (Rupees Two Only) per equity share of the face value of Rs.10/- (Rupees Ten Only) each for the financial year ended March 31, 2026, subject to approval of the shareholders at the ensuing 7th Annual General Meeting. The dividend, if approved by the shareholders will be paid on or after Tuesday, July 14, 2026.

The 7th Annual General Meeting of the Company will be held on Tuesday, July 14, 2026 and the 'Record Date' for the purpose of determining the members eligible to receive the aforesaid dividend, if declared at the ensuing 7th Annual General Meeting would be Friday, July 03, 2026.

This intimation shall also be made available on the website of the Company at www.raymondrealty.in in terms of Regulation 30 and 46 of the SEBI Listing Regulations.

Kindly take the same on record and acknowledge.

Thanking You,

Yours faithfully, For Raymond Realty Limited (formerly known as Raymond Lifestyle Limited)

Hiren Jaidev Sonawala Digitally signed by Hiren Jaidev Sonawala Date: 2026.05.05 18:09:00 +05'30'

Hiren Sonawala Company Secretary

Encl: a/a

Walker Chandiok & Co LLP Chaturvedi & Shah LLP Chartered Accountants Chartered Accountants 42nd Floor, Building Commerz III, 912, Tulslanl Chambers, International Business Park. 212, Nariman Point, Oberol Garden City, Mumbal - 400021 Off Western Express Highway Maharashtra, India. Goregaon (East), Mumbai-400063

Independent Auditor's Report on Consolidated Annual Financial Results of the Company Pursuant to the
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Raymond Realty Limited

Opinion

1. We have audited the accompanying consolidated annual financial results ('the Statement') of Raymond Realty Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), for the year ended 31 March 2026, attached herewith, being submitted by the Holding Compa Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations').
1. In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the reports of other auditors on separate audited financial statements of the subsidiaries, as referred to in paragraph 13 below, the Statement:
(i) includes the annual financial results of the entities listed in Annexure 1;
(ii) presents financial results in accordance with the requirements of Regulation 33 of the Listing Regulations;
(iii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the
applicable Indian Accounting Standards ('Ind AS') prescribed under section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the consolidated net profit after tax and other comprehensive
income and other financial information of the Group, for the year ended 31 March 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the 'Auditor's Responsibilities for the Au $3.$ and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us together with the audit evidence obtained by the other auditors in terms of their reports referred to in paragraph 13 of the Other Matters section below, is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to note 3 to the accompanying Statement which describes that pursuant to the scheme of arrangement (the 'Scheme') between Raymond Limited ('the Demerged Company'), the Holding Company and the respecti accordance with the accounting treatment prescribed in the Scheme as explained in the said note. Our opinion
is not modified in respect of this matter.

Responsibilities of Management and Those Charged with Governance for the Statement

The Statement has been prepared on the basis of the consolidated annual financial statements and has been $5.$ approved by the Holding Company's Board of Directors. The Holding Company's Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the consolidated net profit and other comprehensive income, and other financial information of the Group in
accordance with the Ind AS prescribed under section 133 of the Act read with the Companies (Indian
Accounting Standard included in the Group are responsible for maintenance of adequate accounting records in accordance with the include in the solution of the Act, for safeguarding of the assets of the Group, and for preventing and detecting frauds and
operating and detecting frauds and application of appropriate accounting policies; making judgmen estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively, for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results, that give a true and fair view and
are free from material misstatement, whether due to fraud or error. These financial results have been used
In preparing the Statement, the respective Board of Directors of the companies included in the Group, are responsible for assessing the ability of the Group, to continue as a going concern, disclosing, as applicable, 6. matters related to going concern and using the going concern basis of accounting, unless the respective Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do $80₁$
Those respective Board of Directors are also responsible for overseeing the financial reporting process of the $7.$ companies included in the Group.

Auditor's Responsibilities for the Audit of the Statement

Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material 8. misstatement, whether due to fraud or error, and to Issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with Standards on Auditing specified under section 143(10) of the Act will always detect a material
misstatemen individually, or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this Statement.
As part of an audit in accordance with the Standards on Auditing specified under section 143(10) of the Act, we
exercise professional judgment and maintain professional skeplicism throughout the audit. We also: 9.
Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and the personal to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from
fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omis
Obtain an understanding of internal controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3) (i) of the Act, we are also responsible for expressing
our opinion on whether the Holding Company has adequate internal financial controls with reference to financial
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors;

Conclude on the approprtatenees of BOllrd ol Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exlslJ related to events or conditions that may caat significant doubt on the ability of the Group, to conUnue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attentlon In our auditor's report to the related disclosures In the Statement or, If such dlsclosure.s are lnad8Quale, to modify our opinion. Our concluslons are baaed on the audit evidence obtained up to the date of our auditor's report. However, future events or conditlons may cau ^ethe Group to cease to continue ae a going concern;
Evaluate the. overall presentallon, structure and content of the Statem nt, Including the disclosures, and whether the Statement repreaent& the underlying transaotlons and events In a manner that achieves lair presentatlon; and
Obtain sufficient appropriate audit evidence regarding the, financial statements of the entlllea or bualnesa acUvllles within the Group, lo expresa an opinion on the Stalemenl We are responsible for the direction, supervision and performance of the audit of financlal Information of such anUUes Included In the Statement, of which we are the Independent audltol'I. For the other enlllles Included In the Statement, which have, been audited by the other audltor1, such other auditors remain ruponslbla for the direction, aupervlalon and perfonnance of the audits carried out by them. We rem.aln solely reeponaible for our audit opinion.
10, We communicate with thoae charged wllh governance of the Holding Company, regarding, among other matters, lhe plamed scope, and liming of the audit and algnlficant audit flndlnga, Including eny significant deflclenclee In Internal controls that we ldenUfy durlog oor audit.
1. We also provide U1oae charged with governance wllh atatement that we have compiled with relevanl ethical requirements regarding Independence, and to communicate wllh them all relationship ■ and other matter, that may reasonably be thought lo bear on our independence, and where applicable, related sareguards.
1. We al\$O perfonned procedu1e1 In accordance with clrcular laaued by the SEBl under Regulal on 33 (8) of the UsUng Regulations, to the extent appllcable.

Olher Mattera

We did not audit the annual ftnanclal ,tatementa of 2 1ub1ldiarle1 Included In the Statement whose financial lnformaUon renect total assets of, 2,93,088 lakhs as al 31 March 2026, total revenues of, 65,291 lakhs, totel net profit after tax o" 109 takha, total comprehetl\$1va Income on 109 lakhi, and net cash Inflows oft 3,073 lakhs for the year ended on that date, as considered In the Statement. These annual financlel statements have been audited by 0lh11r auditors whoae audit reports have been furnl&hed to us by the management of the Holding Company, and our opinion In 10 far as It relates to the amounts and dlscloauros Included In reapect of lhese subsidiaries la basc,d aolely on the audit repo!U of auch other audltort, and the procedures performed by us aa slated In paragraph 12 above.

Further, we did not Jolnlly audll the financial slalementa ol 3 subaldlartes, whose llnanclal atatemenla renecl total asseta of, 186,377 Lakha as al 31 March 2026, 1olal revenues of, 72,972 Lakha, total net profit after tax of , 4,077 Lakhs, total comprehensive Income 01, ,080 Lakha and net cash Inflow, amounting to ,3,766 Lakhs for the year ended on that dale, as conaldered In Iha StatemenL These flnanclal statements have been audited solely by Chaturvedl & Shah LLP, Chartered Accountants, one of the Joint audltOIS of the Holding Company and Walker Chandlok & Co LLP's Joint opinion on this Statement In so far II II relates to the amounts and dlacloaures Included In reapect of these 1ub1ldlarles, Is based solely on lh8 audit 111porta Issued by the other Joint auditor, and the procedurH perfor~ed by 1111 a.s stated In paragraph 12 above.

Our opinion Is not modified In respect of these mattara with respect to our reliance on the work done by and th11 reports of the olher audltore as menUoned above.

The Statement includes the consolidated flnal\Cilal results for the quarter ended 31 March 2026, being the balancing figures between the audited consolidated figuret In respect olthe full financial year and the published unaudited year-lo-date consoUdated niiures up to the third quartet of the current financial year, which were aubjecl to Umlted review by ua,

Walker Chandlok &. Co LLP Chaturvedl &Shah LLP

Is. The Slalement l.ncludn con,oUdaled f!gllrea ror the corresponding quarter ended 31 March 2025 which are !he balancing flgw-es belween lhe audited figure, In respect of !he full financlal year ended 31 March 2025 and the unaui:1I\ed year•fo-date ngures up to lhe third quarter of the previous financial yHr, which have been approved by lh111 Holding Company', Board of Olrectora, but have nol been sub)ecled to audit or review.
\6. Th.e audit of consoUdated nnanclal results for lhe year ended 31 March 2026 Included In the Statement WH carried out and reported by Chaturvedl & Shah UP, Chartered Accountant., one of !he Joint auditor& ol lhe Holding Company, who have expressed unmo<lined opinion vlde their audit report dated 03 May 2025, whoso report have been fumlahed to ua and which have been rened upon by us for the purpose of our audit of the Statement. Our opinion la not modlned In respect of lhl& mailer.

For Walker Chandlok & Co LLP Chartered Accountenla Firm Registration No: 001076N/N500013

1)~ v~L-,,.

VIJay O. Jain Partner Memberahlp No.: 117981

UDIN: 261179610FAZJl2848

Place: Mumbai Date: 05 May 2026

Lallt R. Mhalaakar Partner

Membe1shlp No.: 103418

Place: Mumbai Date: 06 May 2026

Walker Chandiok &. Co LLP Chaturvedl &. Shah lLP

Annexure 1

List of subsidiaries Included In the Statement

Ten X Realty Limited
Ten X Realty East Limited
Ten X Realty West Limited

4. Rayzone Property SeNices Limited 5. Cllembur Really Limited

Raymond REALTY

Raymond Realty Limited
Registered Office: Jekegram, Pokharan Road No. 1, Thane (West) - 400 606
CIN: L41000MH2019PLC332934
Email : [email protected] ; Website: www.raymondrealty.in
Tel: +91 22 6837 3700.

A. STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 MARCH 2026

(₹ in Lakhs, unless otherwise stated)
Sr.	Particulars		Quarter ended		Year ended
No.		31.03.2026	31.12.2025	31.03.2025	31.03.2026	31.03.2025
		(Refer note 5)	(Unaudited)	(Refer note 6)	(Audited)	(Audited)
1	Income
	a) Revenue from operations	1.15.674	75.755	11.705	2.99.079	56,518
	b) Other income	1.906	842	48	4.863	212
	Total Income	1,17,580	76,597	11,753	3,03,942	56,730
$\overline{2}$	Expenses
	a) Cost of land, development of properties. construction and other costs	2.05.590	1,18,014	10.164	4,86.499	62.421
	b) Changes in inventories of properties under development and finished properties	(1, 24, 807)	(61,046)	(1, 130)	(2.72, 279)	(16, 809)
	c) Employee benefits expense	3.694	3,827	144	13,839	652
	d) Finance costs	4.028	1.722	1.279	9,769	4,622
	e) Depreciation and amortisation expense	719	545	48	2.313	141
	f) Other expenses	7,769	5,815	1.079	26,337	4.158
	Total expenses	96,993	68,877	11,584	2,66,478	55,185
3	Profit before tax (1-2)	20,587	7,720	169	37,464	1,545
4	Tax expense/ (credit)
	Current tax	3.552	1,098	¥	6.864	×
	Deferred tax	923	(57)	(71)	141	(232)
	Total tax expense/ (credit)	4,475	1,041	(71)	7,005	(232)
5	Profit for the period/ year (3-4)	16,112	6,679	240	30,459	1,777
6	Other comprehensive income
	Itoms that will not be reclassified to profit or loss
	Remeasurement of defined benefit plan	203	۰		203
	Income tax relating to above item	(51)	$\frac{1}{2}$		(51)	ú.
	Total other comprehensive income	152	ν	×	152	¥.
$\overline{\mathbf{z}}$	Total comprehensive income for the period/ year (5-6)	15,960	6,679	240	30,307	1.777
8	Paid-up equity share capital (Face value of ₹ 10 per share) (refer note 3)	6,657	6.657	165	6,657	165
$\mathbf{9}$	Other equity				1.50.085	4,590
10	Earnings per equity share (in ₹) (not annualised except for the year end) Basic	23.97	10.03 10.03	14.47 14.47	45.52 45.52	137.08 137.08
	Diluted	23.97

Raymond Realty Limited
B. Consolidated Balance Sheet

$\sim$

			(₹ in Lakhs, unless otherwise stated)
ŝ.		As at	As at
No.	Particulars	31 March 2026	31 March 2025
		(Audited)	(Audited)
ı	ASSETS
	1 Non-current assets
	(a) Property, plant and equipment	8.859	211
	(b) Capital work - in - progress	528
	(c) Intangible assets	47
	(d) Financial assets
	(i) Investments	110
	(ii) Other financial assets	320	1,150
	(e) Deferred tax assets (net)	646
	(f) Non-current tax assets (net)	326	171
	(g) Other non-current assets	15	81
	Total non-current assets	10,851	1.613

	2 Current assets
	(a) Inventories	4,28,087	89.822
	(b) Financial assets
	(i) Investments	137	996
	(ii) Trade receivables	22,558	763
	(iii) Cash and cash equivalents	28,512	1,868
	(iv) Bank balances other than cash and cash equivalents	8,951
	(v) Other financial assets	2,470	596
	(c) Other current assets	2.06.672	34,812
	Total current assets	6,95,387	1,28,857
	TOTAL ASSETS	7,06,238	1,30,470
н.	EQUITY AND LIABILITIES
	1 Equity
	a) Equity share capital	6.657	165
	b) Other equity	1,50,085	4,590
	Total equity	1,56,742	4,755

	2 Liabilities
	Non-current liabilities
	(a) Financial liabilities
	(i) Borrowings	71,878	18,917
	(b) Provisions	2010	307
	Total non-current liabilities	73,888	19,224
	Current liabilities
	(a) Financial liabilities
	(i) Borrowings	29.497	27,797
	(ii) Trade payables
	Total outstanding dues of micro enterprises and small enterprises	792	42
	Total outstanding dues of creditors other than micro enterprises and small enterprises	1,64,598	24,696
	(iii) Other financial liabilities	1,76,021	24.673
	(b) Other current liabilities	1.01.638	27,006
	(c) Provisions	1.651
	(d) Deferred tax liabilities (Net)	1.203	2,274
	(e) Current tax liabilities (net)	210
	Total current liabilities	4,75,608	1,06,491
	Total liabilities	5,49,496	1,25,715
	TOTAL EQUITY AND LIABILITIES	7,06,238	1,30,470

Raymond Realty Limited

C. Consolidated Statement of Cash Flows

	{f I n ukh s un ess o th erw1se s I a t e di
	Year ended	Year ended
Particulars	31 March 2028	31 March 2026
	(Audited)	IAudltodl
CASH FLOW FROM OPERATING ACTIVITIES:
Profit/ (loss) before tax	37,464	1,545
Adjustments for:
Depreciation and amortisation expense	2,313	141
Finance costs	9,769	1,420
Interest Income	(1,880)
Gain on sale of Investments (net)	(1,429)
Share based payment expense	496
Gain on share based payment arrangement with other companies	(6901
Cash Plow from operations before working capltal changaa	46 043	3106
Adjustments for working capital:
Increase In trade and other receivables	(1, 14,808)	(35,153)
Increase in Inventories	(2,64,693)	(16,809}
Increase In trade, 01her payables and provisions	2 49 222	25,196
Cash ueed In operations before tax	(84,236)	{23,660}
Less: Income taxes paid (net of refunds}	{6,760'
Net cash used In operating activities	(90,996]	123 660
CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment/ Intangible assets (including adjustment for capital wo,1(-in-progress)	(8,036)	(138)
Interest received	1,899
Deposits matured (net)	5,828
Sale proceeds / (Investment) In mutual fund	2,178	16121
Net caah generated from I (used In) Investing "tlvltlH	1,869	1760)
CASH FLOW FROM FINANCING ACTIVITIES:
Repayment of long-term borrowings	(28,009)
Proceeds from long-term borrowings	1,08,680	18,985
Proceeds from Issue of shares		7,650
Payment of finance costs	(10 1631	15381
Net caah generated from financing activities	72 508	26077
NET (DECREASE)/ INCREASE IN CASH AND CASH EQUIVALENTS	(16,618)	1,667
Add: Cash and cash equivalents at beginning of the year (Including	43,131	201
transfer due to demerger)
Cash and cash equivalents at end of the year	26 512	1 668
Cash and caah equivalents at the end of the year comprise of:
Balances with banks	18,128	1,418
Deposits with maturity up to three month&	8384	450
	26 512	1 868

Notes:

The cash flow statement has been prepared unoer lhe 19. method •• aot out In Ind AS 7 •statement of Cash

Notes:

These consolidated financial results (the 'Statement') of Raymond Realty Limited (the 'Holding Company') and its subsidiaries
(the Holding Company and its subsidiaries together referred to as the 'Group') have been prepare $\overline{1}$ recognition and measurement principles laid in the applicable Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013, read with Companies (India Accounting Standards) Rules, 2015 and other accounting principles Companies Act, 2013, read with Companies (mail Accounting Standards) Rules, 2013 and other accounting principles
generally accepted in India and are in complaince with the presentation and disclosure requirements of Regula
2 The Statement has been reviewed and recommended by the Audit Committee at their meeting held on 04 May 2026 and approved by the Board of Directors at their meeting held on 05 May 2026.
3 The Board of Directors of Raymond Limited at its meeting held on 4 July 2024 had approved the composite scheme of arrangement (the 'Scheme') for the demerger of real estate business undertaking of Raymond Limited (the 'Demerged
Company') into the Holding Company on a going concern basis. The appointed date proposed under this scheme w $2025$

Subsequently on 27 March 2025, the Demerged Company received requisite approval from the National Company Law Tribunal
('NCLT'). The certified true copy of the NCLT order, along with sanctioned scheme, was filed with the R on 30 April 2026 (closing hours) thereby making the scheme effective from that date.

As a consideration for the demerger, the Holding Company issued equity shares to the shareholders of the Demerged Company in a 1:1 swap ratio (i.e. one equity share of ₹ 10 each of the Holding Company for every one equity share of ₹10 each held by the shareholders in the Demerged Company as on record date). Accordingly, the Holding Company ha equity shares having face value of ₹ 10 each to the shareholders of the Demerged Company on 16 May 2026. These equity shares were subsequently listed on BSE Limited and the National Stock Exchange of India Limited on 1 July 2025.

The aforesaid issuance of equity shares resulted into a mirror shareholding of the Holding Company to that of the Demerged Company and accordingly the aforesaid transaction has been treated as a capital re-organisation. In accordance with the accounting treatment prescribed in the Scheme, the assets, liabilities and reserves of the real estate demerged undertaking taken over by the Holding Company have been recorded at their respective book values as appearing in the financial
statements of the Demerged Company with effect from the appointed date of the Scheme being 01 April 2026.

Since the Group has accounted for aforesaid demerger w.e.f. appointed date i.e. 01 April 2025, the figures for the quarter and year ended 31 March 2026 are not comparable with that of the corresponding periods and year ended 31 March 2025, respectively

4 The Chief Operating Decision Maker has identified 'Real Estate' as a single business operating segment as per management
approach enumerated in Ind AS 108, 'Operating Segments'. Accordingly, no other disclosures are requ the aforementioned standard.
5 The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of the full financial year and published unaudited year to date figures up to the third quarter of the curr
6 The figures for the quarter ended 31 March 2025 have been certified by the management and approved by the Board of Directors, but have not been subjected to an audit or a review. However, the management has exercised necessary care and
due diligence to ensure that the standalone financial results are fairly presented.
The Board of Directors of the Holding Company have recommended a dividend of ₹ 2 (20%) per equity share of ₹ 10 each, which
Is subject to the approval of shareholders in the ensuing Annual General Meeting of the Holding C $\overline{7}$
8 Previous periods' figures have been regrouped, whenever considered necessary, to conform with current period's figures.

Elhri Harmohan Sahni Managing Director DIN:00046068

Walker Chandiok & Co LLP		Chaturvedi & Shah LLP
Chartered Accountants		Chartered Accountants
42nd Floor, Building Commerz III,		912, Tulsiani Chambers,
International Business Park,		212, Narlman Point,
Oberoi Garden City,		Mumbal - 400021
Off Western Express Highway,	W	Maharashtra, India.
Goregaon (East), Mumbal-400063.

Independent Auditor's Report on Standalone Annual Financial Results of the Company Pursuant to the
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Raymond Realty Limited

Opinion

1. We have audited the accompanying standalone annual financial results ('the Statement') of Raymond Realty Limited ('the Company') for the year ended 31 March 2026, attached herewith, being submitted by the Company pursua
1. In our opinion and to the best of our information and according to the explanations given to us, the Statement:
(i) presents financial results in accordance with the requirements of Regulation 33 of the Listing Regulations; and
(ii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS') specified under section 133 of the Companies Act, 2013 ('the Act'), read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the standalone net profit after tax and other comprehensive income and other financial information of the Company for the year ended 31 March 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Audiling specified under section 143(10) of
the Act. Our responsibilities under those standards are further described in the Auditor's Responsibilities for
t

Emphasis of Matter

We draw attention to note 3 to the accompanying Statement of Standalone Financial Results which
describes that pursuant to the scheme of arrangement (the 'Scheme') between Reymond Limited ('the
Demrerged Company'), the

Responslbllltlu of Management and Those Cllarged with Govarnanco for lhe Statement

1. This Statement has been prepared on the basis of the standalone annual financial statements and has been approved by the Company's Board of Ofrectors. The Company'5 Board of Directors Is responsible for the preparation and presentation of the Statement lhat gives a true and fair view of the net profit and other oomprehenslve Income and other financial lnformaUon of the Company In accordance with the Ind AS specified under section 133 of the Act, read with the Companies (Indian AccounUng Standards) Rules, 2015 and other accounting principles generally accepted In India, and In compUance with Ri,gulatlon 33 of the Listing Regulatlona. ThJs reaponsiblllly also Includes maintenance of adequate accounilng records In accordance with Iha provlslons of tho Act for safeguarding the as1eta of the Company and for preventing and ~etecllng frauds and other Irregularities; selection and appllcaUon of approprlale accoun!lng policies; making Judgments and e&!lmate& that are reasonable and prudent; 11nd design, Implementation and maintenance of adequate Internal flnanclal controls that were opera Ung effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presenlaUon of the Statement that gives a true and fair view and Is free from mate/lat misstatement, whether due to fraud or error.
1. In preparing U1e Statement, the Board of Directors Is responsible for aocesslng the Company'& ablllty to conlfnue as a going concern, dlaclo&lng, aa 8ppllcabla, mailers related lo going concern, and using the going concern basis of accounting unleaa the Board of DirectorG either Intend& to liquidate the Company or to cease operations, or has no reallsllc alternauve bul to do so.
1. The Board of Olreclors Is also responsible for overseeing the Company's flnanclal reporting process.

Auditor'• Recponslbllltles for the Audit of the Statement

8. Our objectives are to obtain reaeonable assurance about whelher the Statement as a whole is free from material mlsstatement, whether due to fraud or error, and to l&&ue an audllo~8 report that Include, our opinion. Reasonable a&surance 11 a high lewl of assurance bul Is not a guarantee that an audit conducted In accordance wllh Standards on Auditing, specified under section 143(10) of the Act, will always detect a material misstatement when II exists. Misstatements can arise from fraud or error and are considered material If, Individually or In the aggregate, they could rea50nably be expected lo Influence the economic decisions of users taken on the basis of this Statement.
1. As part of an audit In accordance with the Standard& on Audlllng, specified under section 14::1(10) of the Act, we exercise professlonaljudgment and maintain professional skepticism throughout the audit We efl;o:
Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedurH respornilve to those risk,, and obtain audit evidence that Is sufficient and appropriate to provide a basis for our opinion. The risk or not delecUng a material misstatement reaulUng from fraud Is higher than for one resulting from error, aa fraud may Involve collusion, forgery, lntenllonal omlllflons, mlirepreaentatlons, or the override of lntemal controls;
Obtain an understanding of lntemal conlrola relevant to Iha audit In order to design audil procedures that are appropriate In the circumstances. Under secllon 143(3) (I) of the Act, we are also responsible for expressing our opinion on whether lhe Company hss In place an adequate lntemal Hnanclal controls with reference to ftnanclal ,tatemenls and the operating effecliveness of such controls:
Evaluate the appropriateness of accounting pollcles used and the reasonablene5S of accounling estimates and related dlsc!osurea made by the Board of Directors:
Conclude on lhe appropriateness ol the Board of Directors' use of Iha going concern basis of accounting and, based· on the audit evidence obtained, whether a material ~~certainly exlsls relaled to events or conditions that may cast 1ignlflcant doubt on the Company's ab1hly lo conllnue es a going concem. ff we conclude that a material uncertainly exlsls, we are required to draw attenlion In our audlto(a report to the related disclosures In the Statement or, II auch disclosures are Inadequate, to modify our opinion. Our conclusions are bued on the audit evidence obtained up 10 the dale of our audito~a report. However, Muro even!\$ or condlUon1 may cause tho Company to cease to continue as a going concem: and
Evaluate the overall presentation, atruclura and content of the Statement, Including the disclosures, and whether the Statement represents the underlying transacUona and events In a manner lho.t achlevea falr pre.sentetloo.

Walker Cha.n.dlok & Co LLP Chaturvedl & Shah LLP

1. We communlcale wllh those charged wtth govomance regarding, among olher maUers, the planned ,cope and Urning of the audit and significant audit flndlngs, lncludlng any significant deficlehalea In Internal controls lhal we Identify during our audit. ... .'
1. We also provide those charged with govemance with a statement that we have complied with relevant elhlca.1 requirements ,egardlng independence, and to convnunicate wtth them aU relaUonshlps and other matter, that may reasonably be thought lo bear on our Independence, and where applicable, related &afeg uards.

Other Matter.

1. The Statemant lndudu the flnanclal result\$ for Ula quarter ended 31 Man:h 2026, being the balancing fl9urea betwee11 the eudlted figures In raepect of the full flnanclal year and the published unaudited year-to-data ftgures up to the third quarter of tile c:urrenl financial year, which were subject to limited review byus. •
1. The Statement lncludee figures ror Iha correipond.lng quarter ended 31 March 2025 which are the balancing figures between the audited Qgurea In respect of the full tlnanclal year ended 31 M1rch 2025 end the unaudited year-to-data flgurea up to the third quarter of the prevtouu financial year, which have been approved by Iha Company's Board of Directors, but have not been subjected lo audit or review.
1<1. The audit of 1tandalone nnanclal reaults for the year ended 31 March 2025 lncfuded In the Statement was c:anled out and repol1ad by Chalu,vedl & Shah LLP, Chartered h;coi.mtents, one of the Joint eudltor of the Company, who have expressed unmodified opinion vld.e lhelr audit report deted 03 May 2025, whose report has been furnlthed to us, and which have been railed upon by ua for Iha purpose of our audit or the StalemenL Our opinion ts nol modi~ d ln respecl ol lhl, matter.

For Walker Chandlok & Co LLP Chartered Actountants Finn ~egtstraUon No: 001076NJN500013

,)~ i:>~~

VIJay 0. Jain Partner Mamben1hlp No.: 117981

UOIN: 26117961LYPFGF59B4

Place: Mumbai Dale: 05 May 2028

For Chatun1adl & Shih LLP Chartered Accountants Firm Regislratlon No: 101720W/W100355

(2:'~o-f1 (rdv.17\JYl½~~~--~ Lalli R. Mhalaekar [ .'i'' ;'•'l) Par1nur l .' ~ · 9 Membership No,: 103418 ~~>- /:,_y)' ~~. - - ... ,..s,•-r UDIN: 2610341BFXJBVJ6575 ~

Place: Mumbai o.ate; 05 May 2028

Raymond REALTY

Raymond Realty Limited
Registered Office: Jekegram, Pokharan Road No. 1, Thane (West) - 400 606
CIN: L41000MH2019PLC332934
Email : [email protected] ; Website: www.raymondrealty.in
Tel: +91 22 6837 3700.

A. STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31 MARCH 2026

Sr.			Quarter ended		(? in Lakhs, unless otherwise stated) Year ended
No.	Particulars	31,03,2026	31.12.2025	31.03.2026	31.03.2026	31.03.2025
		(Refer note 5)	(Unaudited)	(Refer note 6)	(Audited)	(Audited)
1	Income
	a) Revenue from operations	54,758	36.449	$\star$	1.61.574
	b) Other income	3.949	2.502		10,994	٠
	Total income			۰
		58,707	38.951	×.	1,72,568	×
$\overline{\mathbf{2}}$	Expenses
	a) Cost of land, development of properties. construction and other costs	49,622	28,676	۰	1,28,677
	b) Changes in inventories of properties under development and finished properties	(18, 751)	(5, 724)	$\ddot{\phantom{0}}$	(29, 638)
	c) Employee benefits expense	3,329	3,536	à.	12,783
	d) Finance costs	2,255	1,749	ù.	5,988	$\overline{\mathbf{z}}$
	e) Depreciation and amortisation expense	520	512	۷	2.022
	f) Other expenses	5,772	4.090	$\overline{\mathbf{2}}$	20,191	6
	Total expenses	42,747	32,839	$\overline{\mathbf{2}}$	1,40,023	$\overline{\mathbf{g}}$
3	Profit / (loss) before tax (1-2)	15,960	6,112	(2)	32,545	(8)
4	Tax expense / (credit)
	Current lax	3,544	1,098	÷.	6,856	÷
	Deferred tax	(407)	99	٠	(583)	à,
	Total tax expense	3,137	1,197	٠	6,273	ä.
5	Profit / (loss) for the period / year (3-4)	12,823	4,915	(2)	26,272	(8)
6	Other comprehensive Income					í.
	Items that will not be reclassified to profit or loss
	Remeasurement of defined benefit plan	206	۰	۰	206	٠
	Income tax relating to above item	(52)	٠	٠	(52)
	Total other comprehensive income (net of tax)	154	٠	٠	154	w.
7	Total comprehensive income /(loss) for the period / year (5-6)	12,669	4,915	(2)	26,118	(8)
8	Paid-up equity share capital (Face value of ₹ 10 per share) (refer note 3)	6,657	6,657	165	6,657	165
9	Other equity				1,48,832	(136)
10	Earnings per equity share (in ₹) (not annualised except for the year end)
	Basic Diluted	19.03 19.03	7.38 7.38	(0.13) (0.13)	39.23 39.23	(0.69) (0.69)

Raymond Realty Limited
B. Standalone Balance Sheet

		As at	(? in Lakhs) As at
s.	Particulars	31 March 2026	31 March 2025
No.		(Audited)	(Audited)
Ŧ	ASSETS
$\mathbf{1}$	Non-current assets
	(a) Property, plant and equipment	6,119
	(b) Capital work-in-progress	49	u,
	(c) Intangible assets	46
	(d) Financial assets
	(i) Investments	13,525	$\overline{7}$
	(ii) Loans	19,542
	(iii) Other financial assets	153
		4.374
	(e) Deferred tax assets (net)
	(f) Other non-current assets (net)	13	۰
	Total non-current assets	43,821	7

$\overline{2}$	Current assets
	(a) Inventories	95.624	÷
	(b) Financial assets
	(i) Trade receivables	16,009
	(ii) Cash and cash equivalents	17,828	24
	(iii) Bank balances other than cash and cash equivalents	3,033
	(iv) Loans	87,288	٠
	(v) Other financial assets	2,263	é
	(c) Other current assets	85,001
	Total current assets	3,07,046	24

	TOTAL ASSETS	3,50,867	31
и	EQUITY AND LIABILITIES
1	Equity
	a) Equity share capital	6,657	165
	b) Other equity	1,48,832	(136)

	Total equity	1,55,489	29
$\overline{2}$	Liabilities
	Non-current liabilities
	(a) Financial liabilities
	(i) Borrowings	48.411
	(b) Provisions	1,348
	Total non-current liabilities	49,759	٠

	Current liabilities
	(a) Financial liabilities
	(i) Borrowings	17,664
	(ii) Trade payables
	Total outstanding dues of micro enterprises and small
	enterprises	667
	Total outstanding dues of creditors other than micro	89,109
	enterprises and small enterprises		1
	(iii) Other financial liabilities	3,544	1
	(b) Other current liabilities	32,851
	(c) Provisions	1,574	ä,
	(d) Current tax liabilities	210
	Total current liabilities	1,45,619	2
	Total liabilities	1,95,378	$\overline{2}$

	TOTAL EQUITY AND LIABILITIES	3,50,867	31
	EA	CHANDIOA LER
		∗
		CHANGED

C. Standalone Statement of Cash Flows

	( in Lakhs, unless otherwise stated)
Particulars	Year ended	Year ended
	31 March 2026	31 March 2025
	(Audited)	(Audited)

CASH FLOW FROM OPERATING ACTIVITIES:
Profit/ (loss) before tax	32.545	(8)

Adjustments for:
Depreciation and amortisation expense
Finance costs	2,022
Interest income	5,988	$\overline{2}$
Gain on sale of investments (net)	(8, 131)
	(1, 159)	٠
Loss on disposal of property, plant and equipment (net)	29	٠
Share based payment expense	496
Gain on share based payment arrangement with other companies	(689)

Cash generated from / (used in) operations before working capital	31,101
changes		(6)

Adjustments for working capital:
Increase in trade and other receivables
Increase in inventories	(23, 590)
	(22, 052)
Increase / (decrease) in trade, other payables and provisions	6,648	(3)
Cash used in operations before tax	(7, 893)	(9)
Less: Income-taxes paid (net of refunds) Net cash used in operating activities	(6, 697)	٠
	(14, 490)	(9)

CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment/ intangible assets (including	(4, 763)
capital work-in-progress)
Interest received	9.821
Sale proceeds of mutual funds (net)	1,159
Purchase of non-current investments	(110)
Deposits matured (net)	11,746
Investment in preference shares of subsidiaries	(15,000)
Loans given to subsidiaries (net)
Net cash used in investing activities	(60, 871) (58, 018)	٠ $\overline{\phantom{a}}$

CASH FLOW FROM FINANCING ACTIVITIES:
Repayment of long-term borrowings	(12.249)
Proceeds from long-term borrowings	67,500	(120)
Proceeds from issue of equity shares		150
Payment of finance costs
	(6, 202)	(3)
Net cash generated from financing activities	49,049	27
NET (DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS	(23, 459)	18

Add: Cash and cash equivalents at beginning of the year (including	41,287	6
transfer due to demerger)
Cash and cash equivalents at end of the year	17,828	24
Cash and cash equivalents at the end of the year comprise of:
Balances with banks	9,519	24
Deposits with maturity up to three months	8,309
	17,828	24

Note:
The cash flow statement has been prepared under the indirect method as set out in Ind AS 7 "Statement of Cash flow

Notes:

1 These standalone financial results (the 'Statement') of Raymond Realty Limited (the 'Company') for the quarter and year ended 31 March 2026 have been prepared in accordance with the recognition and measurement principles laid in the applicable Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013, read with Companies (India Accounting Standards) Rules. 2015 and other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (as amended).
2 The Statement has been reviewed and recommended by the Audit Committee at their meeting held on 04 May 2026 and approved by the Board of Directors at their meeting held on 05 May 2026.
3 The Board of Directors of Raymond Limited at its meeting held on 4 July 2024 had approved the composite scheme of arrangement (the 'Scheme') for the demerger of real estate business undertaking of Raymond Limited (the 'Demerged Company') into the Company on a going concern basis. The appointed date proposed under this scheme was 01 April 2025.

Subsequently on 27 March 2025, the Demerged Company received requisite approval from the National Company Law Tribunal ('NCLT'). The certified true copy of the NCLT order, along with sanctioned scheme, was filed with the Registrar of Companies on 30 April 2025 (closing hours) thereby making the scheme effective from that date.

As a consideration for the demerger, the Company issued equity shares to the shareholders of the Demerged Company in a 1:1 swap ratio (i.e. one equity share of ₹ 10 each of the Company for every one equity share of ₹10 each held by the shareholders in the Demerged Company as on record date). Accordingly, the Company had allotted 6,65,73.731 equity shares having face value of ₹ 10 each to the shareholders of the Demerged Company on 16 May 2025. These equity shares were subsequently listed on BSE Limited and the National Stock Exchange of India Limited on 1 July 2025.

The aforesaid issuance of equity shares resulted into a mirror shareholding of the Company to that of the Demerged Company and accordingly the aforesaid transaction has been treated as a capital re-organisation. In accordance with the accounting treatment prescribed in the Scheme, the assets, liabilities and reserves of the real estate demerged undertaking taken over by the Company have been recorded at their respective book values as appearing in the financial statements of the Demerged Company with effect from the appointed date of the Scheme being 01 April 2025.

Since the Company has accounted for aforesaid demerger w.e.f. appointed date i.e. 01 April 2025, the figures for the quarter and year ended 31 March 2026 are not comparable with that of the corresponding periods and year ended 31 March 2025.

4 The Chief Operating Decision Maker has identified 'Real Estate' as a single business operating segment as per management approach enumerated in Ind AS 108, 'Operating Segments'. Accordingly, no other disclosures are required to be furnished per the aforementioned standard
5 The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of the full financial year and published unaudited year to date figures up to the third quarter of the current financial year.
6 The figures for the quarter ended 31 March 2025 have been certified by the management and approved by the Board of Directors, but have not been subjected to an audit or a review. However, the management has exercised necessary care and due diligence to ensure that the standalone financial results are fairly presented.
7 The Board of Directors of the Company have recommended a dividend of ₹ 2 (20%) per equity share of ₹ 10 each. which is subject to the approval of shareholders in the ensuing Annual General Meeting of the Company.
8 Previous periods' figures have been regrouped, whenever considered necessary, to conform with current period's figures.

Mumhai 05 May 2026

Harmohan Sahni

Managing Director DIN:00046068

May 05, 2026

Raymond Realty Redefines Scale in FY26: Q4 Booking Value Surges 139% YoY, Dominating Annual Growth Guidance

KEY HIGHLIGHTS

Exponential Quarterly Surge: Delivered a robust Q4 with Booking Value of ₹1,519 Crore, an extraordinary feat fundamentally supercharging our fiscal year trajectory
New projects launched during the quarter include, The Address by GS – Wadala (3rd JDA Project) and The Address by GS – Sion (4th JDA Project) in MMR, TenX - District 9, and Park Street (Thane projects)
54% of Booking Value contributed by JDA's - Achieved this strategic shift within portfolio mix, 1 year ahead of schedule
Booking Value of ₹ 3,023 Cr in FY26 vs ₹ 2314 Cr in FY25, 31% Y-o-Y growth
Customer Collections of ₹ 1,725 Cr in FY26 vs ₹ 1,887 Cr in FY25
Total Income of ₹ 3,039 Cr in FY26 vs ₹ 2,351 Cr in FY25, 29% Y-o-Y growth
EBITDA of ₹ 495 Cr in FY26 vs ₹ 437 Cr in FY25, 13% Y-o-Y growth

Mumbai, May 05, 2026: Raymond Realty Limited today announced its unaudited financial results for the quarter ended 31 st March 2026.

Particulars (₹ Cr.)	Q4FY26	Q3FY26	Q4FY25	YoY	FY26	FY25	YoY
Total Income	1,176	766	771	53%	3,039	2,351	29%
EBITDA	253	100	170	49%	495	437	13%
EBITDA Margin %	21.5%	13.0%	22.1%		16.3%	18.6%
PBT (before exceptional items)	206	77	154	34%	375	370	1%
PBT Margin (before exceptional items)	17.5%	10.1%	20.0%		12.3%	15.7%

* These figures represent historical financial performance including the Raymond Realty Division of Raymond Limited before its demerger on April 01, 2025 (appointment date). Figures are provided solely for ease of comparison and does not form part of the published financial results in SEBI format.

Raymond Realty's financial performance in Q4 FY26 was marked by significant scale, with Total Income of ₹ 1,176 Cr in Q4 FY26 vs ₹ 771 Cr in Q4 FY25, a robust growth of 53% Y-o-Y, driven by strong demand and a healthy delivery pipeline across all our projects. EBITDA surged to ₹ 253 Cr in Q4 FY26 vs ₹ 170 Cr in Q4FY25, a 49% Y-o-Y growth driven by an optimized product mix. Despite the rapid scaling of operations, EBITDA margins remained resilient and stable at 21.5% vs 22.1% in Q4 FY25, demonstrating our ability to maintain high profitability while significantly expanding our market footprint.

Our focus has shifted seamlessly from market entry to operational excellence, allowing us to capture the inherent economies of scale within our portfolio. As sales momentum continues to build, we expect a consistent upward trajectory in our margin profile on a Y-o-Y basis. By combining strategic investment agility with rigorousfinancial discipline, we are ensuring that our rapid growth translatesinto sustained profitability and value.

In line with our strategic roadmap, the addition of the ₹3,000 Crore JDA project in Kandivali, highlights our successful transition to a JDA-led, asset-light model. This approach facilitates rapid market penetration and portfolio growth without compromising our commitment to maintaining a robust and efficient financial profile.

Strategic Portfolio & Operational Review

Our total portfolio is now ~ ₹42,000 Crore in Gross Development Value (GDV), reflecting a diversified and high-growth asset base across the MMR.

100 Acre Thane Land Parcel: Cornerstone of our success, with a ₹25,000 Crore revenue potential.

Development Velocity: Approximately 60 acres are currently under development, representing ~6.6 million sq. ft. of RERA carpet area and a revenue potential of ₹15,300 Crore
Sales Milestones: Performance remains robust with ₹9,100 Crore already sold and collections reaching ₹7,000 Crore to date
New Launches: Q4 saw the successful introduction of a new Ten X – District 9 residential development (focused on 2-BHK homes) and Park Street, a high-street retail destination. Both projects debuted to exceptional market reception.

JDA Portfolio: The Structural Pivot to Asset-Light Growth, which now comprises seven projects with a combined revenue potential of ~₹17,000 Crore.

New Launches: The quarter was headlined by the dual-launch of The Address by GS in Wadala and Sion, marking a decisive expansion into Mumbai's most sought-after premium corridors. These marquee developments start the unlock of a combined GDV exceeding ₹6,400 Crore, serving as the flagship pillars of our JDA portfolio and a testament to our ability to scale with speed and sophistication
Target of 50:50 Portfolio Mix: We have successfully realized our 50:50 portfolio mix, one year ahead of schedule, a significant milestone in our transition toward a diversified growth engine. In a remarkable shift from FY25 (where JDAs contributed just 22%), our JDA projects now lead with 54% of our annual booking value, fundamentally validating the speed and scalability of our asset-light strategy
Pipeline Visibility: Of the seven JDAs, four are currently under active development (Bandra East, BKC, Wadala, and Sion). We are on track to activate the remaining JDA pipeline, with two marquee projects in Mahim slated for launch within the next 12 to 15 months, followed by the highly anticipated Kandivali development. These activations will further solidify our presence in prime MMR micro-markets

Performance & Liquidity

Booking Momentum: In a landmark final quarter, we secured a booking value of ₹1,519 Crore, propelled by a strategic blitz of four major launches: The Address by GS (Wadala and Sion), Ten X, and the Park Street high-street retail project (Thane). This performance was further bolstered by unwavering demand for the Ten X, The Address by GS and Invictus by GS brands across Thane, Bandra, and BKC, continuing to demonstrate exceptional market pull and buyer loyalty
Prudent Leverage: Maintaining a healthy balance sheet, we concluded the quarter with a lean Net Debt of ₹656 Crore and a debt / equity ratio of 0.6 comfortably below our 1.0 ceiling, providing headroom for future expansion
Liquidity & Cost of Debt: With a ₹358 Crore liquidity buffer, we are fully funded for the next year of construction spends. Our Cost of Debt remains stable at ~9.60%

Commenting on the performance, Mr. Harmohan Sahni, Managing Director & CEO, Raymond Realty Limited said; "FY26 marks a defining chapter for us, transitioning from a period of robust planning to one of scaled execution. Our performance, particularly the ₹1,519 crore in pre-sales this final quarter, validates our strategic adaptability and our ability to unlock value across diverse micro-markets through the JDA model. This momentum is a testament to the 'Go Beyond' philosophy—a commitment to beauty, discipline, and excellence that continues to resonate deeply with our homebuyers. As we look ahead, we remain focused on driving sustainable growth and delivering consistent, long-term value to our shareholders."

About Raymond Realty

Raymond Realty Limited is one of India's fastest-growing real estate developers, headquartered in Mumbai and part of the iconic Raymond Group. Bringing the Group's century-long legacy of trust, quality, and excellence into the real estate sector, Raymond Realty is a focused, pure-play branded real estate developer with a strong presence acrossthe Mumbai Metropolitan Region (MMR). Since its foray into real estate in 2019, the company has already carved position amongst the Top 10 Real Estate playersin the country and delivered landmark residential and commercial projects characterized by superior design, timely execution, and customer-centric innovation. With iconic aspirational, premium, and super premium residential brands (TenX, The Address by GS and Invictus by GS), 100 acre owned land and 7 Joint Development Agreements, the company currently has an estimated gross development value of approximately ₹420 billion.

Disclaimer:

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Raymond Realty Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

To know more, visit us today at www.raymondrealty.in

For further information, please contact:

Rohit Khanna Corporate Communications Raymond Limited Tel: 022 6152 7624 Email: [email protected]

AI assistant

Raymond Realty Limited Audit Report / Information 2026

60632_rns_2026-05-05_006c55bd-d233-4cfe-b7cc-d530a173c9a9.pdf

Ref: Raymond Realty Limited (ISIN: INE1SY401010).