Shares of Butterfly Gandhimathi Appliances Ltd., a leading kitchen appliances brand in South India, rose by nearly 5% following the release of its Q2 FY25 financial results.
As of 11:16 am, the stock was trading 4.25% higher at ₹866.20 on the NSE, as investors responded to key financial indicators showing improvements in margins despite a decline in revenue and profit.
Key Financial Highlights (Q2 FY25 vs Q2 FY24):
- Revenue: ₹258 crore, a decline of 16% from ₹308 crore in Q2 FY24.
- Material Margin: ₹96 crore, down by 16% from ₹114 crore in the same period last year.
- Material Margin Percentage: 37.3%, up 30 basis points from 37% in Q2 FY24.
- EBITDA: ₹23 crore, a decrease of 9% year-on-year from ₹25 crore.
- EBITDA Margin: 8.9%, an increase of 70 basis points from 8.2% in Q2 FY24.
- Net Profit (PAT): ₹13 crore, down 13% from ₹15 crore in the previous year.
- PAT Margin: 4.9%, up 20 basis points from 4.7% YoY.
Summary
Despite lower revenue and profit figures, the company managed to improve its material and EBITDA margins, indicating effective cost control. Butterfly Gandhimathi’s focus on operational efficiencies helped maintain profitability, driving positive investor sentiment and a rise in share prices.