Raymond Ltd reported a sharp 53 percent year-on-year decline in consolidated net profit from continuing operations at Rs. 11.93 crore for the quarter ended March 31, 2026. The decline, from Rs. 25.42 crore in the corresponding period last year, was primarily driven by exceptional item outflows that weighed on earnings. Despite underlying business stability, the results reflect short-term financial pressure linked to one-off adjustments.