Nirmal Bang: La Opala Posts In-Line Q2 Operational Performance
Dinnerware sits on a table inside. (Photographer: Dhiraj Singh/Bloomberg)

Nirmal Bang: La Opala Posts In-Line Q2 Operational Performance

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Nirmal Bang Report

La Opala RG Ltd.’s Q2 FY21 operational performance was in line with our expectations.

Revenue declined by approximately 38% YoY whereas Ebitda was down approximately 55% YoY.

Sequentially, revenue grew by approximately 320% on account of recovery in general trade and e-commerce.

Modern trade outlook remains weak in the near term as the Future Group was a key player for the company(excluding Future, business has shown some recovery in Q2 FY21).

Click on the attachment to read the full report:

Nirmal Bang La Opala RG-Q2FY21 Result Update-13 November 2020.pdf


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