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Cello World conducted conference call on 13 November 2024 to discuss the financial results and performance of the company for the quarter ended September 2024. Mr. Pradeep Rathod, Chairman and Managing Director and Mr. Atul Parolia, CFO along with other senior management of the company addressed the call
Highlights of the Concall
- Consumerware reported 5% increase in revenues to Rs 342.1 crore in Q2FY25 compared to Q2FY25 while gross profit improved 2% to Rs 179.6 crore. For H1FY25 revenues rose 5% to Rs 669.2 crore and gross profit increased 5% to Rs 358.5 crore.
- Moulded furniture and allied products revenues fell 2% to Rs 78.2 crore in Q2FY25 compared to Q2FY25 while gross profit decreased 4% to Rs 35.4 crore. For H1FY25 revenues rose 7% to Rs 168.5 crore and gross profit increased 7% to Rs 76.6 crore.
- Writing instruments revenues fell 15% to Rs 69.8 crore in Q2FY25 compared to Q2FY25 while gross profit decreased 22% to Rs 38 crore...
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