ICICI Securities Ltd | Retail Equity Research Butterfly Gandhimathi (BGAL) reported topline growth of 44% YoY to | 124.4 crore. On the segmental front, kitchen appliances grew 25% YoY to | 96.4 crore whereas cooker/cookware segment grew robustly by 52% YoY to | 18.5 crore, albeit on a lower base EBITDA came in at | 9.3 crore vs. EBITDA loss of | 2.4 crore in Q1FY18. With positive operating leverage kicking in (employee & other expenses as a percentage to sales down 55 bps, 886 bps YoY,...