Flair Writing Industries Limited — Updates, 31-01-2025: Press Release
Flair Writing Industries Ltd. reported robust growth for Q3 FY25, highlighting a year-on-year revenue increase of 17.6% to Rs. 265 crore. The company's gross profit rose by 17.0% to Rs. 137 crore, maintaining a strong gross profit margin of 51.9%. EBITDA showed significant growth of 31.1% to Rs. 45 crore, with a margin of 17.1%. Profit After Tax soared by 54.1% to Rs. 29 crore.
Key developments included a strategic partnership with European brand MAPED for distributing stationery products in India, along with the launch of an innovative range of mechanical pencils. The company achieved a 15% growth in Own Brand Sales, reaching Rs. 232 crore, and saw a 36% increase in OEM Sales to Rs. 33 crore. Flair was also awarded the Best Brands 2024 title, solidifying its market position. Anticipating sustained momentum, management emphasized ongoing innovation and capacity expansion, positioning the company for future growth in the stationery and steel bottle segments.
