Butterfly Gandhimathi Appliances rallies 45% in a week on strong Q4 results

The company reported a profit after tax (PAT) of Rs 9.9 crore in Q4FY21, on the back of healthy revenue growth, against loss of Rs 7.6 crore in Q4FY20

Shares of Butterfly Gandhimathi Appliances soared 19 per cent to Rs 923.85 on the BSE in intra-day trade on Monday. The stock has now rallied 45 per cent in the past one week, after the household appliances company reported a profit after tax (PAT) of Rs 9.9 crore in March quarter (Q4FY21), on the back of healthy revenue growth. The company had posted a net loss of Rs 7.6 crore in Q4FY20.

The company reported strong revenue growth of 86.4 per cent year on year (YoY) to Rs 206.20 crore in Q4FY21. The healthy growth was on the back