Cello World Reports Q2 Net Profit Of Rs 82 Crore As Revenue Rises 8 Per Cent, Writing Instruments Segment Surges
Mumbai : Cello World Limited reported a 10.3 per cent year-on-year decline in net profit to ₹81.9 crore for the September quarter of FY27, as elevated input costs weighed on earnings despite higher revenue. The consumer products manufacturer's revenue from operations increased 7.8 per cent to ₹633.2 crore, supported by strong growth in its writing instruments business. Profit Declines Cello…
Mumbai: Cello World Limited announced a 10.3 percent year-over-year decline in net profit to ₹81.9 crore for the September quarter of FY27, despite a 7.8 percent rise in revenue. The consumer products manufacturer's revenue from operations grew to ₹633.2 crore due to robust performance in its writing instruments segment. The net profit fell from ₹91.3 crore in Q2 FY26 to ₹81.9 crore in Q2 FY27, indicating profitability challenges amid revenue growth.
Writing instruments led the segment performance, with revenue rising 69.5 percent to ₹137.2 crore in Q2 FY27, a sharp contrast to the decline in consumer ware sales (-1.2 percent) and moulded furniture (-6.5 percent). Seasonal and institutional gifting demand shifted to the third quarter, driven by festive celebrations occurring later in the year.
Cello World raised ₹567 crore from anchor investors, grappling with cost pressures from inflation in raw materials and operating expenses amid geopolitical tensions in West Asia affecting polymer, fuel, gas, and packaging prices.
Investors will closely watch festive demand, input costs, and consumer ware sales in upcoming quarters, as the company's ability to maintain revenue growth while managing expenses will be crucial.
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