The Company has submitted the transcript of the earnings conference call held on 07th August 2026 to discuss the Un-Audited financial results for the first quarter ended 30th June 2026.

AI summary - Q1 FY27 revenue grew 39% y-y to INR 2,419 Cr; EBITDA rose 118% to INR 239 Cr at 9.9% margin; PAT surged 458% to INR 121 Cr - Large appliances led by ACs contributed 48% of revenue; mobile phones 39%; same-store sales growth 34.2% - South cluster revenue up 40% with 10.9% EBITDA margin; North cluster revenue up 29% with 4.9% EBITDA margin - Non-mature stores (<4 years) achieved 8.1% EBITDA margin, mature stores 11.2% - FY27 revenue growth guidance at 18-20%; West Bengal entry planned with 5 stores by Diwali, 10-12 by Mar-27 - Gross margin expanded to 17.2% from 14.6% y-y, driven by cooling products and temporary price advantages in IT - Working capital days reduced to 42 from 73; borrowings cut from INR 658 Cr to INR 97 Cr - Capex of ~INR 100 Cr planned for new stores; 30 stores targeted in Kolkata over 2 years; expansion funded by internal accruals - Store payback: South ~10-11 months, North ~16-18 months; capex ~INR 2.5 Cr per 10,000 sq ft store - Market share gains of 4-12% in smaller towns; online sales remain strong for low-ASP products, offline dominates premium categories