Revenue was up by 1.7 per cent year-on-year (Y-o-Y) to 2,280 crore. Ebitda grew by 12.5 per cent Y-o-Y to 440 crore. Adjusted PAT was up 10.3 per cent Y-o-Y to 320 crore.
Domestic revenues were flattish Y-o-Y with volume growth of 3 per cent Y-o-Y with domestic Ebit (earnings before interest and tax) margin up by 220 bps Y-o-Y to 20.2 per cent.
The international business posted growth of 7 per cent Y-oY (around 10 per cent in constant currency) with Ebit margins up 340 bps Y-o-Y to 24.6 per cent. This growth was led by a recovery in its Bangladesh business.
The premium and urban segments continued to outperform rural and mass segments.
The modern trade and e-com channels continue to gain traction. Gross margin came in at 51.6 per cent, up 420 bps Y-o-Y and up 30 bps quarter-onquarter (Q-o-Q). Employees cost up 50 bps Y-o-Y, advertisement and sales promotion (A&SP) was up 50 bps Y-o-Y and other overheads were up 120 bps Y-o-Y. The Ebitda margin came in at 19.4 per cent up 190 bps Y-o-Y.
Esta historia es de la edición May 08, 2024 de Business Standard.
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