Household products company Cello World announced Q1FY25 results: Revenue From Operations: Rs 500.7 crore (6.1% growth YoY) Gross Profit: Rs 269.4 crore (8.6% growth YoY) Gross Profit Margin: 53.8% (increase from 52.6% YoY) EBITDA: Rs 134.9 crore (6.0% growth YoY) EBITDA Margin: 27.0% (unchanged YoY) Profit Before Tax (PBT): Rs 120.3 crore (4.7% growth YoY) PAT (Attributable to Owners): Rs 82.6 crore (6.7% growth YoY) Commenting on the Result, Pradeep Rathod, Chairman & Managing Director, Cello World said “Cello World has started off the year with a decent performance where the growth was in line with the overallindustry. Our revenue grew by 6.1% YoY and witnessed a margin expansion on the gross profit level, whichwent up from 52.6% in Q1FY24 to 53.8% in Q1 FY25. Notably, this improvement in gross margin isattributable to a combination of a shift in revenue mix alongside our continued focus on value-addedpremium products as well as efforts towards improving operational efficiency. This performance was despitemultiple headwinds on the demand front, which got further intensified due to the elections. Our growth was primarily driven by the consumer-ware and furniture businesses, while the writinginstruments remained flattish due to continued sluggishness in the overall demand scenario. However, the EBITDA and PAT margin levels remained in line with Q1FY24. For the quarter, there was a considerableincrease in our advertising spend on account of a back-to-school campaign held by the company. We viewthese activities as crucial investments in reinforcing our brand's recognition and recall. Looking ahead to FY25, we maintain our growth expectations of 15%–17%, driven by an improvement in theoverall demand scenarios in the second half of the year. Result PDF