Butterfly Gandhimathi hits 52 week high after stellar Q1 numbers

14 Jul 2022 , 02:50 PM

Revenue from operations during the quarter rose by 85.68% year on year (YoY) to Rs 253.49 crore. Profit before tax in Q1 FY23 stood at Rs 20.36 crore, steeply higher against Rs 1.40 crore in the corresponding quarter last year. Total expense increased 72.28% year on year to Rs 233.48 crore during the quarter. Cost of material consumed stood at Rs 140.91 crore (up 106.98% YoY) and employee cost stood at Rs 24.71 crore (up 20.52% YoY). Butterfly Gandhimathi Appliances is a manufacturer/marketer of domestic kitchen and domestic electrical appliances under the BUTTERFLY brand. The stock hit a 52-week high of Rs 1,575 in intraday today on the BSE. The stock has jumped nearly 122% from its 52-week low of Rs 701.20 recorded on 24 August 2021. Powered by Capital Market – Live News