Cello World revenue grows 6% as glassware surges

Cello World Limited announced 6% year-on-year revenue growth to INR529 crores for Q1 FY '26. The Consumerware segment drove growth, rising 12% year-on-year, with glassware leading at 50%. However, the glassware segment reported a loss, impacting overall profitability.

Gross profit margin reached a record 54%. EBITDA margin was 24%, with PAT at 14% (INR73 crores). The company confirmed an upcoming merger with subsidiary Wim Plast Limited, with a swap ratio of 0.86.