Raymond Group Weak Q2 Earnings: PAT 14X, Long-Term Agreements Pipeline Check & Margin Guidance　 #ETNOW

Raymond Limited’s engineering arm posts a steady performance with strong growth in aerospace and auto divisions despite margin pressure at the consolidated level. CEO Gautam Mengi tells ET NOW that aerospace margins near 21% remain sustainable, backed by a healthy long-term pipeline and global customer base. He highlights rising hybrid demand in Europe, order book visibility in the auto segment, and expects a stronger Q4 ahead as integration synergies and SAP implementation kick in.

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