Cello World Q1 Results Total Income ₹500.66 Crore & Operating Profit ₹115.12 Crore

Cello World Growth Comparison 

Cello World Q1 Results: The Cello World Q1 results for June 2024 show how the company performed compared to both the previous quarter and the same quarter last year. Year-over-year (YoY) comparisons are used to see how the company has changed from June 2023 to June 2024, while Quarter-on-Quarter (QoQ) comparisons look at changes from March 2024 to June 2024.

YoY, Cello World’s total revenue increased by 6.12% from ₹471.78 crores in June 2023 to ₹500.66 crores in June 2024. This shows good growth over the year. QoQ revenue dropped by 2.30% from ₹512.47 crores in March 2024. The company’s operating profit also grew by 7.07% YoY, from ₹107.52 crores in June 2023 to ₹115.12 crores in June 2024. But, QoQ, it saw a slight decrease of 0.51% from ₹115.72 crores in March 2024.

Cello World’s Profit after tax increased by 6.64% YoY, showing improvement over the year. However, it fell by 6.98% QoQ. The operating margin of 22.99% reflects a decrease of 0.90% compared to the previous quarter. In summary, while the company shows positive YoY growth, there is a slight decline QoQ in some metrics.

Here’s a summary of Cello World’s Q1 results for June 2024, with a comparison to the previous quarter (March 2024) and the same quarter last year (June 2023):

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Cello World Q1 Results

Cello World has released its financial results for the quarter ending June 30, 2024. The company earned ₹25,995.42 lakhs from its operations during this quarter, which is slightly lower than the ₹26,077.09 lakhs earned in the previous quarter but higher than the ₹24,630.80 lakhs from the same quarter last year. They also made ₹96.46 lakhs from other sources, adding up to a total income of ₹26,091.88 lakhs for this quarter. This total is almost the same as the ₹26,177.07 lakhs from the last quarter and more than the ₹24,727.07 lakhs from a year ago.

Cello World’s expenses were ₹23,819.04 lakhs this quarter, which is a bit higher than the ₹24,143.63 lakhs from the previous quarter but lower than the ₹22,931.74 lakhs spent a year ago. The expenses include costs for buying stock, changes in inventory, employee salaries, finance costs, depreciation, and other expenses. After deducting these expenses, Cello World made a profit of ₹2,272.84 lakhs before tax, compared to ₹2,033.44 lakhs last quarter and ₹1,795.33 lakhs a year ago.

Cello World’s After paying taxes, which were ₹597.28 lakhs this quarter, the company’s profit was ₹1,675.56 lakhs. This is lower than the ₹1,861.66 lakhs from the previous quarter but higher than the ₹1,101.68 lakhs from a year ago. They also had some additional income from adjustments not included in the main profit, bringing the total comprehensive income for the quarter to ₹1,676.59 lakhs. The company’s share capital remains at ₹10,611.55 lakhs, with earnings per share at ₹0.79.

Here’s a summary of the standalone unaudited financial results for Cello World for the quarter ended June 30, 2024:

(Figures in Lakhs except earnings per share) 

Cello World Stock Metrics

The Cello World table gives a snapshot of a company's financial health. The Market Cap shows the total value of all the company's shares, which is ₹20,078 Crores. The Current Price of one share is ₹909, with the highest and lowest prices over a certain period being ₹1,025 and ₹711, respectively. Stock P/E of 59.7 means the price is 59.7 times higher than its earnings per share. Book Value of ₹54.2 represents the value of the company’s assets minus liabilities per share. 

Here is the stock information in table format:

Quarterly Results 

In the Cello World financial results for December 2023, March 2024, and June 2024, the company's sales reached ₹527 crores in December 2023, dropped slightly to ₹512 crores in March 2024, and fell further to ₹501 crores in June 2024. Expenses increased from ₹395 crores in December to ₹380 crores in March, then slightly decreased to ₹372 crores in June. Operating profit was ₹132 crores in December, ₹133 crores in March, and ₹129 crores in June, showing consistent profitability. 

Here is the summary for December 2023, March 2024, and June 2024:

(Figures in Crores)

About Cello World 

Cello World is a leading brand in India that specializes in consumer houseware products. The company started in 1982 as Cello Plastic Industrial Works, offering plastic houseware items. Over the years, Cello has expanded its product range to include glassware, opalware, melamine, and porcelain, becoming one of the most popular brands in the country. Today, Cello World operates 13 modern manufacturing facilities across five locations in India, using advanced technology to produce high-quality products. 

Cello World is also building a new glassware facility in Rajasthan, equipped with European machinery to improve production and design. Cello’s vision is to be the most preferred houseware brand in India by providing high-quality products at affordable prices. Its mission is to grow with its employees and become a top manufacturer. Cello values quality, innovation, accessibility, and trust, and is committed to ethical and environmentally friendly practices. 

Cello World diversified its product line and expanded its business, including launching new brands like Kleeno for cleaning products and Unomax for stationery. They are dedicated to continuous improvement and meeting consumer needs with high standards.