The company had posted PAT of Rs 25 crore during the same period of the previous fiscal.
Consolidated net revenue of the company grew to Rs 1,616 crore for the second quarter, as against Rs 1,584 crore during the same period of the previous financial year, Raymond Ltd said in a statement.
"This performance is noteworthy as the GST implementation to the last mile impacted the market in the short term," Raymond Ltd Chairman and Managing Director Gautam Hari Singhania said.
The company's shares ended 0.54 per cent down at Rs 901.45 apiece on BSE today.
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