Cello World Announces First Quarter FY27 Results; Consolidated Revenue Reaches Over ₹54 Crores
Cello World Limited has announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported strong performance across both standalone and consolidated segments during the period.The board of directors approved the results, alongside a Statement of Deviation or Variation concerning funds raised through a Qualified Institutional Placement (QIP). Concurrently, the company also detailed the allocation of funds intended for various corporate purposes and provided an update on its ongoing amalgamation process.
Financial Highlights: Q1 FY27 Ended June 30, 2026
The results reflect growth in operational income across the quarter. The company's consolidated revenue stood at ₹54,480.99 Lakhs, while standalone total income reached ₹27,167.10 Lakhs.A summary of the key financial figures for the respective periods is provided below:
| Particulars | Q ended 30-Jun-26 (Unaudited) | Q ended 31-Mar-26 | Q ended 30-Jun-25 (Unaudited) | Y ended 31-Mar-26 (Audited) |
|---|---|---|---|---|
| Standalone Financials | ||||
| Revenue from operations | 25,715.41 | 30,423.21 | 28,193.10 | 1,11,549.87 |
| Total income | 27,167.10 | 31,716.06 | 30,133.53 | 1,18,232.95 |
| Consolidated Financials | ||||
| Revenue from operations | 52,671.57 | 65,359.22 | 52,901.01 | 2,32,370.79 |
| Total income | 54,480.99 | 66,120.87 | 54,625.62 | 2,37,876.08 |
Funds Utilization and Allocation Update
The company disclosed details regarding the utilization of funds raised via a Qualified Institutional Placement (QIP), which totaled ₹738 Crores, initiated on July 05, 2024. The Statement indicated no deviation or variation in the use of these funds for the quarter ended June 30, 2026.The QIP was intended for several corporate purposes, including investments and repayment of borrowings:
| Object | Original Allocation (₹ Crores) | Funds Utilized (₹ Crores) | Status/Remark |
|---|---|---|---|
| Investment in Cello Consumerware Private Limited | 105.25 | 91.74 | NIL deviation reported for this quarter. |
| Investment in Subsidiaries (Cello Household, Cello Houseware, etc.) for repayment of borrowings | 236.96 | 236.96 | NIL deviation reported. |
| Repayment/pre-payment of Company's borrowings from WimPlast Limited | 100.00 | 100.00 | NIL deviation reported. |
| Repayment/pre-payment of Company's borrowings from Promoters | 83.05 | 83.05 | NIL deviation reported. |
The company also provided updates on the allocation for augmenting working capital and general corporate purposes, showing utilization against allocated amounts.
Business Operations and Scheme Status
Cello World Limited is primarily engaged in the trading of Consumer Products.Regarding its ongoing restructuring efforts, the board reviewed matters related to a Composite Scheme of Arrangement involving Wim Plast Limited, Cello Consumer Products Private Limited (CCPPL), and the company. This scheme was sanctioned by the Hon'ble NCLT, Ahmedabad Bench, via an order dated May 14, 2026, and became effective from the Appointed Date, April 1, 2025.
Following this effectiveness, the Company is in the process of allotting 46,53,239 equity shares of ₹5 each to the shareholders of WPL (other than the company) as consideration under the scheme.
CELLO Stock Price Movement
Cello World Limited shares slipped on Friday by 1.38% to close at ₹373.15. The stock traded a volume of 825,377 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: