Announced Tue, 4 Nov · 18:32 IST

Butterfly Gandhimathi Appliances Limited has informed the Exchange regarding Appointment of Mr Somasundaram P as Other - Head of Manufacturing & Demand Planning of the company w.e.f. January 01, 2026.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board, at its meeting on November 4, 2025, approved the unaudited financial results for Q2 FY26 and H1 FY26. Revenue for Q2 FY26 stood at Rs. 293 Cr, up 14% year-on-year, while EBITDA rose 21% to Rs. 28 Cr with margins expanding 60 basis points to 9.5%. Profit after tax grew 34% year-on-year to Rs. 17 Cr, with PAT margin improving to 5.8%. For H1 FY26, revenue rose to Rs. 480.40 Cr from Rs. 439.61 Cr a year ago, and net profit increased to Rs. 23.43 Cr from Rs. 15.19 Cr, translating to EPS of Rs. 13.10. Separately, the board appointed Mr. Somasundaram P as Head of Manufacturing & Demand Planning effective January 1, 2026, and Mr. Muthu Saravanan K as General Manager-Head Downstream Marketing effective December 1, 2025, both designated as Senior Management Personnel. Growth was supported by double-digit gains across core categories, the Idea First Series gaining traction, and a GST-led festive boost, particularly for pressure cookers.

Likely market impact

Strong Q2 results with broad-based growth, expanding margins, and a sharp jump in profitability are positive for shareholders and likely to support the stock in the short term. The senior management additions in manufacturing and marketing signal continued investment in operational scale-up and brand growth.