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Press background on Butterfly Gandhimathi Appliances Ltd.
Company profile
Late Shri V. Murugesa Chettiar, the Founder Chairman of Butterfly Gandhimathi Appliances Ltd., hails from a small town in the industrial belt of Coimbatore. His ancestors were metal merchants who were involved in the Brassware business and had trading bases in Vijayawada, Bombay and Calcutta. In the 1950’s, when brass was still the most used metal, he pioneered his first product, a humble tumbler made from stainless steel, which thereafter became the new wonder metal. With this innovation, brand Butterfly came into existence. Quality and perfection were what it stood out for. It received great traction in the market which made the brand expand its categories and product lines into various other utensils. Before long the brand also invented India’s first ever stainless pressure cooker and the vacuum flask, that which was a kitchen saviour, even until now!
 Recent press releases
Butterfly Gandhimathi Appliances Ltd. Announces its Results for Q1 FY24

Q1 Revenue at Rs. 219 Crs
Significant improvement in Material Margins to 42% (+650 bps YoY) 
PAT at Rs. 15 Cr, growth of 11%
 
Butterfly Gandhimathi Appliances Ltd. (‘Company’), South-India’s leading kitchen and small domestic appl... (more)
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