'
Rupa & Company hosted a conference call on November 11,
2024. In the conference call, the company was represented by Mr Ramesh Agarwal –Whole time director and Mr Sumit
Khowala-CFO.
Key takeaways of the
call
Industry continued to witness aggressive pricing strategy
and showed resistance to price increases post stabilization of yarn prices.
Other factors impacting the business were excessive rainfall in the month of
August and September 2024, and other regional disruptions impacted
discretionary spending resulting in part of festive demand of Q2FY2025 shifting
to Q3FY2025.
Q2FY2025
Revenues for the quarter stood at Rs 297 crore down 1.6% .However
volumes grew by 2% yoY.
EBITDA stood at Rs 29 crore as against Rs 32 crore in
Q2FY2024.
EBITDA margin stood at 9.6% down 110 bps YoY.
Net profut for the quarter stood at Rs 18 crore as against Rs 21 crore in
Q2FY2024....
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