Houseware company La Opala RG announced Q1FY25 results: Revenue from operations was at Rs 73 crore in Q1FY25, as against Rs 86 crore in Q1FY24 EBITDA stood at Rs 27 crore in Q1FY25, as against Rs 35 crore in Q1FY24 EBITDA margin stood at 37% in Q1FY25, as against 41% in Q1FY24 PBT at Rs 32 crore in Q1FY25, as against Rs 39 crore in Q1FY24 PAT at Rs 24 crore in Q1FY25, as against Rs 29 crore in Q1FY24 Commenting on the performance during the quarter, Ajit Jhunjhunwala, Vice Chairman and Managing Director, said, "Overall, the quarter's performance remained subdued, as Q1 is typically a softer period for the industry. However, zero wedding days in this quarter as against Q1 FY24, compounded by reduced consumer spending added to further pressure. Despite some easing in inflationary pressures, demand has been slow to recover. However, we did see a sequential improvement at the EBITDA and PBT le vels, driven by reduced production costs following the strategic suspension of operations at our ageing and obsolete Madhupur plant and the temporary shutdown of one of the furnace at Sitarganj for relining. With production now fully consolidated at Sitarganj, where we have the latest automated technology, we remain committed to driving efficiencies and implementing necessary cost-control measures. The recent adjustments made to our distribution channels for enhanced reach are taking same time to stabilise, and we anticipate a recovery demand once these changes have fully settled. We are starting to see early signs of recovery, though it will take some time for demand to fully pick up. Our focus on high-quality products, strong brand recognition, and a solid partner network keeps us well- positioned as a preferred choice for our customers." Result PDF