For financial year 2018-19, the Branded Apparel segment of Raymond has recorded sales of `489 cr, up by 21 per cent against the previous year. The growth was driven by strong performance in MBO channel & well supported by EBO and LFS channels. LTL EBITDA margins rose to 7.0 per cent, mainly due to better sales channel mix and operational efficiencies. The sales of Branded Textile segment was posted at Rs. 832 cr, higher by 4 per cent over previous year, led by 3 per cent growth in the suiting business and 9 per cent growth in the shirting business. LTL EBITDA margins (excluding common cost allocation) were 16.7 per cent as compared to 19.5 per cent mainly due to higher advertisement and sales promotion spends and channel stock correction in shirting business.