rs,
p Department Bombay Stock Exchange Ltd. 1st Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai – 400001. Ref: Symbol– NAVNETEDUL Ref: Scrip Code – 508989 Sub: Sub
20%
e Highlights, Mr. Gnanesh (Sunil) Gala, Managing Director: “During the second quarter, there was a 20% decline in revenues, primarily attributed to our publication business. Despite our initial growth e
12%
on a positive side we have seen similar trend to continue in Q2FY23. We are confident of achieving +12%-15% growth for FY24. Our export stationery division too have demonstrated strong performance, than
15%
positive side we have seen similar trend to continue in Q2FY23. We are confident of achieving +12%-15% growth for FY24. Our export stationery division too have demonstrated strong performance, thanks t
Rs. 547 crore
our product category in the US. For H1 FY24, the overall Stationery business registered a revue of Rs. 547 crores and EBIT of Rs. 71 cores (margin of ~12.9%) Amidst the prevailing uncertainties and volatility in
Rs. 71
e US. For H1 FY24, the overall Stationery business registered a revue of Rs. 547 crores and EBIT of Rs. 71 cores (margin of ~12.9%) Amidst the prevailing uncertainties and volatility in paper prices, we wer
12.9%
erall Stationery business registered a revue of Rs. 547 crores and EBIT of Rs. 71 cores (margin of ~12.9%) Amidst the prevailing uncertainties and volatility in paper prices, we were able to safeguard our
8%
orders from this category were not received during H1 FY24. This category generally constitutes ~8%-10% of our export revenue in a year. • Adopted appropriate measures to accommodate the orders from
10%
ders from this category were not received during H1 FY24. This category generally constitutes ~8%-10% of our export revenue in a year. • Adopted appropriate measures to accommodate the orders from cus
11%
h export and domestic markets in the coming quarters • Overall Stationery : Confident of achieving 11%-13% EBIT margins in FY24 7 BUILDING A STRONG GLOBAL PRESENCE 1 2 3 4 5 7 8 6 26 10 11
13%
port and domestic markets in the coming quarters • Overall Stationery : Confident of achieving 11%-13% EBIT margins in FY24 7 BUILDING A STRONG GLOBAL PRESENCE 1 2 3 4 5 7 8 6 26 10 11 9 1
35%
25 29 31 30 18 17 28 19 27 20 21 22 23 H1 FY24 - Revenue Breakup of Stationery Business 35% 65% Export Domestic Export to 30+ countries globally 24 • Canada • USA • Mexico • Honduras •