Orient Bell Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
04-11-2024 · 01:36 pm
Orient Bell Limited shared its Q2 and H1 FY25 earnings call insights, reporting a 1.6% year-on-year revenue growth to ₹307 crores, despite challenging market conditions. The company is focused on branding and premiumization, increasing ad spend to enhance brand recall. Operational efficiencies improved with gross margins rising to 35.7%. OBL continues to expand its distribution network and anticipates increased tile consumption in H2, aiming for stronger future performance. The call also addressed ongoing strategic initiatives and market responsiveness.
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