Chennai: Butterfly Gandhimathi Appliances Ltd., South-India’s leading kitchen appliances player, reported its standalone financials for the quarter ended 31st December 2024.

Operational Highlights for Q3 FY25:

• Revenue stood at Rs. 238 Cr, in line with last year amidst slowdown in consumer spends
• Revenue stabilizing with sustainable momentum in the E-commerce channel
• Trade remained flat. Alternate channels continue to perform well.
• Key categories delivered healthy growth except LPG stainless steel gas stoves
• Premium contribution of key categories improved through focused festive campaigns

Financial Highlights for Q3 FY25:

• Improved gross margins led by pricing and product mix actions despite an increase in input costs
• EBITDA improved to 7.2%, expansion by 620 bps over last year by optimizing key cost heads

Commenting on the performance, Swetha Sagar, Manager s Chief Business Officer, Butterfly Gandhimathi Appliances Ltd. 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.”

BGMAL Financials:

Particulars (Rs. Cr)	Q3 FY25	Q3 FY24	Y-o-Y	Q2 FY25	Q-o-Q
Revenue	238	238	–	258	-8%
Material Margin	85	82	4%	96	-11%
Material Margin (%)	35.7%	34.3%	+140 bps	37.3%	-160 bps
EBITDA	17	2	627%	23	-25%
EBITDA Margin (%)	7.2%	1.0%	+620 bps	8.9%	-170 bps
PAT	8	-2	–	13	-33%
PAT Margin (%)	3.5%	-0.9%	+440 bps	4.9%	-140 bps