Houseware company La Opala RG announced Q1FY26 results
1) Revenue from operations was at Rs 6526.54 lakh in Q1FY26, as against Rs 7285.34 lakh in Q1FY25.
2)EBITDA stood at Rs 2412.81 lakh in Q1FY26, as against Rs 2667.14 lakh in Q1FY25.
3) EBITDA margin stood at 36.97% in Q1FY26, as against 36.61% in Q1FY25.
4) PBTatRs 3219.66 lakh in Q1FY26, as against Rs 3167.35 lakh in Q1FY25.
5) PAT at Rs 2535.48 lakh in Q1FY26, as against Rs 2366.15 lakh in Q1FY25
6) Ajit Jhunjhunwala, Vice Chairman & Managing Director, said: “Overall, the quarter's performance remained subdued, as Q1 is typically a softer period for the industry. With early monsoons, lower wedding dates in this quarter, compounded by reduced consumer spending, added to further pressure. Despite some easing in inflationary pressures, demand has been slow in Q1.
However, we did see a sequential improvement at the EBITDA and PBT levels, driven by reduced production costs following the strategic suspension of operations at our ageing and obsolete Madhupur plant and the temporary shutdown of one of the furnaces at Sitarganj for relining. With production now fully consolidated at Sitarganj, where we have the latest automated technology, we remain committed to driving efficiencies and implementing necessary cost-control measures. The recent adjustments made to our distribution channels for enhanced reach have been completed, and we anticipate a recovery in demand with the festive period starting.
7) Overall results are below expectations
8) All this is for information.
9) This is not a buy/sell recommendation.
Thank you,
Technofunda24