Kamdhenu’s net profit up 20% in Q1 FY24, Real Estate News, ET RealEstate

August 27, 2023

NEW DELHI: Kamdhenu, a manufacturer and seller of TMT Bars, has reported a growth of 20.24 per cent in its net profit during the quarter ended June 30, 2023. Its profit after tax stood at Rs 12.06 crore in Q1 FY24 as against Rs 10.03 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net total income stood at Rs 210.45 crore in Q1 FY24, a growth of 10.03 per cent from Rs 191.27 crore it recorded in the similar quarter last year.

Satish Kumar Agarwal, chairman & managing director of the company said, “Our total brand sales turnover has increased by 15% year-on-year to ~Rs. 6,131 crore with franchisee volumes growing 12% year-on-year for this quarter. Revenue from Royalty income has gone up by 16% to Rs. 32 crore for Q1 FY24.”

  • Published On Jul 31, 2023 at 03:30 PM IST

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