Butterfly Gandhimathi Appliances Limited has announced the resignation of a senior management personnel, marking a key leadership change within the organization. The company disclosed this development to stock exchanges on February 19, 2026, in compliance with regulatory requirements.

Senior Management Departure

Mr. Senthil Kumar Raja S, who served as Head of Procurement with the designation of General Manager, has tendered his resignation from his position. The company has accepted his resignation, which will be effective from the closure of business hours on February 27, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that there are no other material reasons for the resignation beyond the personal reasons mentioned.

The announcement was communicated to both BSE Limited and National Stock Exchange of India Limited through official correspondence signed by Jayant Barde, Company Secretary & Compliance Officer. The company provided complete documentation including the resignation letter and acceptance correspondence as required under regulatory guidelines.

Background Details

According to the resignation correspondence, Mr. Senthil Kumar Raja S initially submitted his resignation on December 5, 2025, citing career goals and new opportunities that align better with his professional aspirations. In his resignation letter, he expressed gratitude to Butterfly Gandhimathi Appliances for providing valuable growth opportunities during his tenure.

The company acknowledged his resignation and agreed to his requested last working day of February 27, 2026. This transition period allowed for proper handover of responsibilities and organizational continuity in the procurement function.

Butterfly Gandhimathi Appliances has published the newspaper extract of its unaudited financial results for Q3FY26 and nine months ended December 31, 2025, in compliance with SEBI regulations. The home appliances manufacturer demonstrated strong operational performance with significant improvements in profitability and margin expansion.

Regulatory Compliance and Publication

Pursuant to Regulation 33 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors approved the unaudited financial results at their meeting held on February 4, 2026. The extract of financial results was published in Trinity Mirror (English) and Makkal Kural (Tamil) on February 5, 2026, as required under Regulation 47 of SEBI LODR.

Strong Q3FY26 Financial Performance

The company delivered impressive quarterly results with substantial year-on-year growth across key financial metrics:

Profitability and Operational Excellence

The standout performance came from the company's bottom line, with net profit reaching ₹107.68 crore in Q3FY26, marking a substantial increase of 29.64% compared to the previous year. Excluding exceptional items related to New Labour Code provisions of ₹1.59 crore, the adjusted net profit grew by an impressive 44% year-on-year.

The company's EBITDA margin expanded significantly to 8.20% from 7.20% in the previous year, indicating enhanced operational efficiency. Material margin improved substantially by 300 basis points year-on-year to 38.80%, driven by strategic pricing actions and favorable product mix.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company maintained strong momentum with comprehensive growth across all parameters:

Strategic Growth Drivers

Cookers and gas stoves emerged as primary growth drivers during the quarter, supported by GST reduction benefits and premiumization initiatives. The company's strategic focus on product mix optimization and pricing actions contributed to the significant margin expansion and profitability improvements.