• Home
  • Realty
    • Realty
    • Realty Commercial
    • Realty Residential
    • Realty Retail
  • Management
  • IKC
    • IKC
    • Awards
    • Report 2019
    • Gallery
  • Videos
    • Videos
    • India Kitchen Congress
    • Conversations
  • Services
  • Contact Us
Log In

Submit a Video
User Panel Banner
Log In

  • Home
  • Realty
    • Realty Commercial
    • Realty Residential
    • Realty Retail
  • Management
  • IKC
    • Awards
    • Report 2019
    • Gallery
  • Videos
    • India Kitchen Congress
    • Conversations
  • Services
  • Contact Us
Home*Orient Bell Q2 Results: Topline Growth up 6% YoY

Orient Bell Q2 Results: Topline Growth up 6% YoY

  • November 2, 2020
  • 0 comments
  • Sourcing Hardware
  • Posted in *
  • 0
  • Tweet
  • Share 0
  • +1
  • LinkedIn 0

Tile major Orient Bell Ltd (OBL) has announced its unaudited financial results for the quarter ended September 2020. The company has recorded a topline growth up 6% y-o-y, which is led by a renewed focus on new products, displays, and channel engagements, the company said in a press release.

OBL has also said that its EBITDA margin is up 8%, which is attributed to “concerted” efforts on cash fixed costs and improvement of consumption KPIs. It added that its EBITDA loss of Q1FY21 is recouped fully during Q2FY21. During the quarter, the company has “strongly” focused on working capital management and “significantly” improved Days Inventory Outstanding (DIO) and Days Sales Outstanding (DSO).

In Q2 FY 21, the company initiated its “first-ever” digital launch of new products, including germ-free tiles for wall and floor, high gloss germ-free tile – Sparkle series in 300X450 size, high-depth elevation tiles in 300X600 size, among others. Besides, it added new Orient Bell Tile Boutiques by 25, thereby increasing the count to 188.

Related Posts

India is a key market for investment, growth: Roca
0 comments
*

India is a Key Market for Investment, Growth: Roca

Truflo is Manufacturing Water Tanks
0 comments
*

Pipes Maker Truflo is Manufacturing Water Tanks Now

the quest for net zero: the Roca way
0 comments
*

Quest for Net Zero: The Roca Way

Zoho Launches ‘Zoho Workplace’ to Boost Business P...

  • October 31, 2020
  • 0 comments

E-commerce, Retail Trade Policies Soon

  • November 3, 2020
  • 0 comments

Share this

About author

Sourcing Hardware

Related Posts

India is a key market for investment, growth: Roca
0 comments
*

India is a Key Market for Investment, Growth: Roca

Truflo is Manufacturing Water Tanks
0 comments
*

Pipes Maker Truflo is Manufacturing Water Tanks Now

the quest for net zero: the Roca way
0 comments
*

Quest for Net Zero: The Roca Way

Greenply is partnering Lucknow Super Giants for IPL 2022
0 comments
*

Greenply is Partnering Lucknow Super Giants for IPL 2022

Tags

  • Orient Bell
  • Tile

Do not miss

India is a key market for investment, growth: Roca
0 comments
*

India is a Key Market for Investment, Growth: Roca

  • About us
  • Contact Us
  • Privacy Policy
  • About Channel Offers
Got a hot tip? Send it to us!

Your Name (required)

Your Email (required)

Subject

Your Message

Got a hot tip? Send it to us!

Your Name (required)

Your Email (required)

Video URL

Attach Video

Category
SportNewsTechMusic

Your Message