{"id":155192,"date":"2023-10-23T08:46:00","date_gmt":"2023-10-23T12:46:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155192"},"modified":"2023-10-23T08:46:02","modified_gmt":"2023-10-23T12:46:02","slug":"butterfly-gandhimathi-appliances-ltd-q2fy24-40-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/butterfly-gandhimathi-appliances-ltd-q2fy24-40-fall-in-profits\/","title":{"rendered":"Butterfly Gandhimathi Appliances Ltd Q2FY24; 40% fall in Profits"},"content":{"rendered":"\n<p>Butterfly Gandhimathi Appliances manufactures LPG Stoves, Mixer Grinders, Table Top Wet Grinders and Stainless Steel and Aluminium Pressure Cookers amongst others. Established in 1986, It is one of the largest Kitchen Appliances companies in India. It is a market leader for SS LPG Stoves &amp; Table Top Wet Grinders and a major supplier of Mixer Grinders &amp; Pressure Cookers.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Butterfly Gandhimathi Appliances Ltd reported Revenues for Q2FY24 of \u20b9308.00 Crores down from \u20b9368.00 Crore year on year, a fall of 16.3%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b9290.00 Crores down from \u20b9333.00 Crores year on year, a fall of 12.91%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b915.00 Crores down 40.0% from \u20b925.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b98.16, down 41.96% from \u20b914.06 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88-839x1024.png\" alt=\"\" class=\"wp-image-155193\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-154924\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Butterfly Gandhimathi Appliances manufactures LPG Stoves, Mixer Grinders, Table Top Wet Grinders and Stainless Steel and Aluminium Pressure Cookers amongst others. Established in 1986, It is one of the largest Kitchen Appliances companies in India. It is a market leader for SS LPG Stoves &amp; Table Top Wet Grinders and a major supplier of Mixer [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":155193,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[10481],"class_list":["post-155192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-kitchen-appliances"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-88.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150651,"url":"https:\/\/alphastreet.com\/india\/butterfly-gandhimathi-appliances-ltd-q1fy24-15-rise-in-profits\/","url_meta":{"origin":155192,"position":0},"title":"Butterfly Gandhimathi Appliances Ltd Q1FY24; 15% rise in Profits.","author":"Divyansh_Kasana","date":"August 1, 2023","format":false,"excerpt":"Butterfly Gandhimathi Appliances manufactures LPG Stoves, Mixer Grinders, Table Top Wet Grinders and Stainless Steel and Aluminium Pressure Cookers amongst others. 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Established in 1986, It is one of the largest Kitchen Appliances companies in India. 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