Butterfly Gandhimathi Appliances Ltd. reported stable revenues of Rs. 238 Cr for Q3 FY25, maintaining performance year-on-year despite a slowdown in consumer spending. The E-commerce channel showed sustainable growth, while alternate channels performed well, although trade remained flat. Key product categories, excluding LPG stainless steel gas stoves, demonstrated healthy growth, aided by improved premium contributions from festive campaigns.
Financially, the company achieved significant improvements as gross margins increased due to effective pricing and product mix strategies, offsetting rising input costs. EBITDA surged to 7.2%, reflecting a robust 620 bps increase compared to the previous year, even with a 25% decline quarter-on-quarter.
Management expressed optimism about ongoing interventions driving sustainable revenue and profitability, citing momentum in key categories driven by premiumization and the exploration of emerging market channels. With a positive outlook, investors should monitor the company's continued strategic focus on consumer-centric operations.
All announcements from Butterfly Gandhimathi Appliances Limited