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Orientbell Tiles lays the ground for a turnaround January 07, 2021 Demand recovery continued into October-December period: Himanshu Jindal, CFO Two years after a management rejig, Orientbell Tiles looks to get back on the growth path. Improved demand from upcountry markets, renewed sentiments in tier-1 cities, and gaining market share from unorganised players in the post pandemic “new normal” seem to have helped the company script a turnaround. In the quarter ending September 2020, the company, listed on the bourses, saw a 6 per cent volume growth while profitability margins improved to around 8 per cent. Post a washout in the April-June quarter, recoveries started Q2 onwards, with the trajectory sharpening in the pre-festive period. ....