Kamdhenu Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 29, 2024 at 04:54 am EST
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Kamdhenu Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,550.33 million compared to INR 1,826.6 million a year ago. Revenue was INR 1,574.47 million compared to INR 1,831.66 million a year ago. Net income was INR 111.38 million compared to INR 120.18 million a year ago. Basic earnings per share from continuing operations was INR 4.13 compared to INR 4.46 a year ago. Diluted earnings per share from continuing operations was INR 4.13 compared to INR 4.46 a year ago.
For the nine months, sales was INR 5,486.69 million compared to INR 5,651.96 million a year ago. Revenue was INR 5,544.97 million compared to INR 5,660.41 million a year ago. Net income was INR 333.83 million compared to INR 302.68 million a year ago. Basic earnings per share from continuing operations was INR 12.39 compared to INR 11.24 a year ago. Diluted earnings per share from continuing operations was INR 12.39 compared to INR 11.24 a year ago.
Kamdhenu Limited is an India-based company, which is engaged in manufacturing, distribution, marketing, branding of steel and paints with over 50 franchised units spread across the country. The Company is focused on manufacturing and trading of steel product. The Companyâs brands include Kamdhenu Nxt, Kamdhenu PAS 10000, Structural Steel, Kamdhenu Pipes, Kamdhenu Wirebond, Pre-Engineered Building, Kamdhenu Paints and Colour Max Colour Coated Sheets. It manufactures structural steel, made up of cast-off material that fulfils product-specific chemical composition requirements. Kamdhenu Nxt is manufactured with cutting-edge technology. Its Colour-Coated profile sheets are available in a range of vibrant colors, adding a stylish and elegant touch to the buildings constructed with these products. It manufactures structural steel under a franchisee arrangement. Kamdhenu Colour Max Sheets offers a range of accessories and rainwater systems to provide customer satisfaction.
KAMDHENU LIMITED 
