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Business EconomyPosted at: Feb 12 2025 2:32PM


Butterfly Gandhimathi Appliances Q3 Revenue at Rs 238 cr

Chennai, Feb 12 (UNI) Butterfly Gandhimathi Appliances Ltd (BGMAL), South-India’s leading kitchen appliances player, has reported a revenue of Rs 238 crore in FY 25 Q3.
Announcing its standalone financials for the quarter ended December 31, 2024, on Wednesday, a company statement here said Revenue stood at Rs. 238 crore in line with last year amidst slowdown in consumer spends.
Revenue stabilized with sustainable momentum in the E-commerce channel, Trade remained flat, Alternate channels continue to perform well and the key categories delivered healthy growth except LPG stainless steel gas stoves.
It said premium contribution of key categories improved through focused festive campaigns.
On financial highlights for Q3, it reported improved gross margins led by pricing and product mix actions despite an increase in input costs.
The EBITDA improved to 7.2%, expansion by 620 bps over last year by optimizing key cost heads.
Commenting on the performance, Swetha Sagar, Manager, Chief Business Officer, BGMAL said, “Interventions over the last few quarters have helped us to drive sustainable revenue and better profitability. This performance comes amidst subdued consumer demand, reinforcing our brand and channel strengths."
"We are focusing on building our capabilities across areas to drive consumer centricity and operational efficiencies. We expect the momentum to continue in our key categories aided by premiumization and expansion into emerging channels”, Swetha Sagar said.
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