Butterfly records double digit growth

Kitchen appliances player Butterfly Gandhimathi Appliances Ltd said it recorded double digit growth across categories with cookers and gas stoves emerging as the primary growth drivers during the fourth quarter of 2026.

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The company said it continued to launch new products including relaunch of breakfast appliances.

Butterfly Gandhimathi said it also saw increased adoption of electric cooking appliances driven by LPG supply constraints.

“In FY26 we focused on building a stronger foundation for sustainable growth and profitability. We undertook several strategic measures across organisational restructuring, capability enhancement, brand refresh, innovation roadmap development and cost optimisation initiatives to strengthen the business for the long term,” Swetha Sagar, Manager & Chief Business Officer, Butterfly Gandhimathi Appliances Ltd. said.

“We also adopted our new brand architecture during the year, which has been very well received by consumers and helped Idea First Series to emerge as a key growth driver with a significant contribution to the business. Overall, Butterfly has delivered a strong performance across channels and categories in Q4 & for the full year,” she added.

The company’s fourth quarter net profit increased 26.7 per cent to Rs 11 crore, while revenue increased 16.6 per cent to Rs 218 crore. Net profit increased 40.3  per cent to Rs 46 crore, while revenue increased 9 per cent to Rs 943 crore in FY2026.

Sequential material margin maintained at 38.2 per cent despite commodity cost increases in  fourth quarter, the company said.

EBITDA grew at 19.7 per cent to Rs 20 crore in the fourth quarter from the comparable period resulting from operating leverage as well as cost optimization, and expanded by 20 basis points to 8.9 per cent.

FY2026 EBITDA grew  22 per cent to Rs. 80  crore.

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