Hot Pursuit     12-Nov-24
Electronics Mart slumps after dismal Q1 performance
Electronics Mart India tumbled 13.17% to Rs 158.95 after the company reported 34% fall in net profit to Rs 24.5 crore despite a 6% rise in total revenue to Rs 1,386.1 crore in Q2 FY25 as compared with Q2 FY24.

While EBITDA fell by 13% YoY to Rs 83.9 crore, EBITDA margin contracted by 130 basis points YoY to 6.1% in the second quarter.

Profit before tax in Q2 FY25 stood at Rs 32.5 crore, down by 35% from Rs 50.1 crore in Q2 FY24.

Electronics Mart India (EMIL) is the 4th largest consumer durable and electronics retailer in India. EMIL is not engaged in any manufacturing and the products it sells are sourced from wide variety of suppliers/OEMs, with some of them it has long-standing relationship of more than 15 years. It operates both multi-brand outlets (MBOs) and exclusive brand outlets (EBOs) arraying multifarious as well as specialized electronic products.

Previous News
  Electronics Mart India consolidated net profit declines 34.35% in the September 2024 quarter
 ( Results - Announcements 11-Nov-24   15:42 )
  Electronics Mart India opens new store at Sri Sathya Sai, Andhra Pradesh
 ( Corporate News - 06-Nov-24   19:16 )
  Electronics Mart India starts multi brand specialized store 'Kitchen Stories' in Cochin
 ( Corporate News - 28-Dec-22   14:51 )
  Electronics Mart slumps after dismal Q1 performance
 ( Hot Pursuit - 12-Nov-24   14:25 )
  Electronics Mart India commences operations at exclusive brand outlet in Gurugram
 ( Corporate News - 16-Jun-23   20:08 )
  Electronics Mart India to convene board meeting
 ( Corporate News - 31-Jul-24   14:23 )
  Electronics Mart India opens new store in Karim Nagar, Telangana
 ( Corporate News - 02-May-24   08:41 )
  Electronics Mart India IPO subscribed 1.69 times
 ( IPO Centre - IPO News 04-Oct-22   17:25 )
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 ( IPO Centre - IPO News 07-Oct-22   17:41 )
  Electronics Mart India consolidated net profit rises 54.91% in the September 2023 quarter
 ( Results - Announcements 03-Nov-23   15:48 )
  Electronics Mart India opens new multi-brand store in Telangana
 ( Corporate News - 27-Mar-23   15:10 )
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