706.90
-3.40%
ICICI Securities Limited
Revenues in Q3 grew 13% YoY to | 161 crore. On the segmental front, kitchen appliances grew 11% YoY to | 123 crore whereas cooker/cookware segment grew robustly by 30% YoY to | 31 crore Gross margins for the quarter declined 195 bps YoY to 40.2%. Employee expense increased 13% YoY to | 18.1 crore and, as a percentage to sales, remained flattish at 11.3%. Other expense as a percentage to sales (down 65 bps YoY 23%) curtailed the decline in EBITDA margin. Subsequently, EBITDA margins declined 125 bps...
Butterfly Gandhimathi Appliances Ltd. is trading above its 150 day SMA of 681.8
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