Household Appliances company Butterfly Gandhimathi Appliances announced Q1FY26 results Revenue stood at Rs 187 crore; growth of 3% YoY, despite challenging environment and subdued demand situation. EBITDA of Rs 13 crore, grew by 39% YoY driven by pricing and product mix actions; EBITDA margin expanded by 170 bps to 6.8%. EBIT more than doubled over last year to Rs 7 crore, growth of 144% YoY. Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “Amidst a subdued consumer demand, we continue to deliver revenue growth and robust EBITDA growth. This quarter we began a new journey with the refreshed brand positioning, ‘Celebrating Change’ reinforcing our commitment to innovation and relevance in a dynamic market. Staying true to our new positioning, we have introduced industry first solutions across key categories through the ‘Idea First Series’ as a thoughtful response to evolving lifestyles in the kitchen industry. We are committed to delivering strong performance by leveraging the strength of our brand and the ongoing revamp of our product portfolio to drive growth, enhance consumer engagement, and strengthen our market position.” Result PDF
Household Appliances company Butterfly Gandhimathi Appliances announced Q3FY25 results Revenue stood at Rs 238 crore, in line with last year amidst slowdown in consumer spends. EBITDA: Rs 17 crore compared to Rs 2 crore during Q3FY24, change 34.3%. EBITDA margin: 7.2% for Q3FY25. PAT: Rs 8 crore compared to Rs -2 crore during Q3FY24. PAT margin: 3.5% for Q3FY25. Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “Interventions over the last few quarters have helped us to drive sustainable revenue and better profitability. This performance comes amidst subdued consumer demand, reinforcing our brand and channel strengths. We are focusing on building our capabilities across areas to drive consumer centricity and operational efficiencies. We expect the momentum to continue in our key categories aided by premiumization and expansion into emerging channels.” Result PDF
Household Appliances company Butterfly Gandhimathi Appliances announced Q2FY25 results Financial Highlights: Revenue: Rs 258 crore compared to Rs 308 crore during Q2FY24, change -16%. EBITDA: Rs 23 crore compared to Rs 25 crore during Q2FY24, change -9%. EBITDA margin: 8.9% for Q2FY25. PAT: Rs 13 crore compared to Rs 15 crore during Q2FY24 change -13%. PAT margin: 4.9% for Q2FY25. Other Highlights: Revenue stood at Rs 258 crore wherein retail channel continued its growth momentum and maintained market share in key categories. Successfully executed pricing actions amidst heightened competitive intensity. Strong sequential growth of 42% across categories and channels led by ongoing festive season. Driving profitable growth in Ecom has helped in improving margins while revenue has dropped due to base corrections. Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances, said: “Interventions in previous quarter including product restructuring and pricing actions helped us deliver good sequential growth coupled with margin improvement to 8.9%. Leveraging the festive season, the trade channel continued its growth momentum supported by alternate channels except Ecom. In Ecom, our focus would be on growing revenues with sustainable margins.” Result PDF
Household Appliances company Butterfly Gandhimathi Appliances announced Q4FY24 results: Revenue at Rs 166 crore (-11% YoY) and EBITDA at Rs -22 crore. This is not comparable with previous period/s due to the following: Standardisation of operating procedures between Butterfly and croreompton and certain one-time settlements with channel partners Full year liability of Extended Producer Responsibility (EPR) of Rs 1.2 crore, crystalised in Q4 Reorganisation of bottles and flasks sourcing resulted in impact of Rs 2.1 crore in Q4. This would be margin accretive on an ongoing basis. Stepped up investments in marketing; incurred Rs 24 crore during the quarter as against Rs 10 crore last year Commenting on the business development, Swetha Sagar said, “I am glad to be associated with Butterfly, an organization which has a strong brand equity and enjoys market leadership across many categories in kitchen appliances. At Butterfly, we will continue to focus on channel development, capability building and investments behind brand. Also, going forward, we plan to progressively address pricing gaps between channels to raise realisations. We are optimistic about the outlook for the year in the context of impending new product introductions, emphasis on channel engagement and productivity improvements.” Result PDF