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Butterfly Gandhimathi Appliances Ltd - 517421 - Product Launch Intimation Under Regulation 30 Of SEBI LODR, 2015 (Listing Regulations)

Product Launch Intimation under Regulation 30 of SEBI LODR, 2015 (Listing Regulations)
11-08-2023
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Butterfly Gandhimathi Appliances Ltd - 517421 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation under Regulation 39(3) of SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, 2015
07-08-2023
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Butterfly Gandhimathi Appliances Ltd - 517421 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation of Loss of Share Certificate under Regulation 39(3) of SEBI LODR 2015.
02-08-2023

Butterfly Gandhimathi shares surge on strong net profit numbers

The company said its market position remained relatively unchanged despite demand challenges in the industry.
01-08-2023
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Q1FY24 Quarterly Result Announced for Butterfly Gandhimathi Appliances Ltd.

Household Appliances company Butterfly Gandhimathi Appliances announced Q1FY24 results: Revenue at Rs 219 crore (-14% YoY). Continued the strategic restructuring of the channel mix in favour of Trade. This led to strong double-digit growth in B2C channels such as Retail, Modern Trade, and Chain stores across categories while de-risking Corporate channels. Online channels faced subdued growth due to conscious phasing aligned to secondary offtakes. Share of business from new products at 14% of Total Q1 Sales. Material Margin at 42%, expansion of 650 bps YoY. Significant improvement in Material Margins driven by a rebound in Trade channel along with value engineering. EBITDA at Rs 20 crore EBITDA Margin at 9.0% post investments in marketing and people PAT at Rs 15 crore (+11% YoY). PAT Margin at 6.7%, expansion of 150 bps YoY Commenting on the performance, Rangarajan Sriram, Managing Director, Butterfly Gandhimathi Appliances said, “Through our strategic focus on channel restructuring, we continue to drive sustainable growth in B2C channels such as retail outlets, modern trade, chain stores, and e-commerce, while de-risking non-core channels. This led to Revenue of Rs 219 crore for the quarter amidst a challenging demand situation and strong Material Margins of ~42% (+650 bps YoY) on account of improvement in channel mix and value engineering. EBITDA Margin stood at 9.0% for the quarter. With the merger of Butterfly and Crompton underway, there is an opportunity to start realizing Go-to-Market synergies as we endeavor to improve Butterfly’s reach in the Western and Northern markets. Our focus on new premium product launches continues in addition to driving improvements in non-retail channels, especially e-commerce, through product, pricing, and marketing interventions.” Result PDF
31-07-2023
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Butterfly Gandhimathi Appliances Ltd - 517421 - Outcome Of Board Meeting For Consideration Of Q1 Results

Outcome of Board Meeting for consideration of Q1 Results
31-07-2023
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Butterfly Gandhimathi Appliances Ltd - 517421 - Board Meeting Outcome for Outcome Of Q1 Results Of Butterfly Gandhimathi Appliances Limited

Outcome of Q1 Results of Butterfly Gandhimathi Appliances Limited for the quarter ended 30.06.2023
31-07-2023
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Butterfly Gandhimathi Appliances Ltd - 517421 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation of Loss of Share Certificates under Regulation 39(3) of SEBI LODR, 2015
26-07-2023
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