The result was announced by the company after market hours yesterday, 28 October 2015.

Meanwhile, the S&P BSE Sensex was down 79.44 points or 0.29% at 26,960.32.

On BSE, so far 7,529 shares were traded in the counter as against average daily volume of 37,682 shares in the past one quarter.

The stock hit a high of Rs 436 and a low of Rs 424.55 so far during the day. The stock had hit a 52-week high of Rs 579.50 on 9 December 2014. The stock had hit a 52-week low of Rs 360.05 on 25 August 2014.

The stock had outperformed the market over the past one month till 28 October 2015, gaining 10.91% compared with 5.55% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, declining 5.12% as against Sensex's 1.53% fall.

The mid-cap company has equity capital of Rs 61.38 crore. Face value per share is Rs 10.

Raymond said its EBITDA (earnings before interest, taxes, depreciation and amortization) fell 18% to Rs 149 crore in Q2 September 2015 over Q2 September 2014. EBITDA margins were reported at 10% in Q2 September 2015, lower than 12% in Q2 September 2014.

Mr H Sunder, whole-time director, Raymond said, subdued consumer demand with extended end of season sales period in Q2 September 2015, continued investments in brand building and retail network expansion, besides underperformance of the engineering business impacted Q2 results.

Raymond offers end-to-end solutions for fabrics and garmenting.