Raymond's core profit fell 8% in Q1, despite 17% revenue growth led by the aerospace and auto component segments.

• EBITDA margin narrowed to 15.7% from 18.9% due to lower other income post real estate demerger.
• Aerospace and defense revenue surged 37% YoY, while auto components grew 12% during the quarter.
• Stock dropped 2.5% after results; still up around 11% year-to-date, reflecting investor caution.