Kamdhenu Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 06, 2024 at 03:48 pm IST
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Kamdhenu Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 1,760.38 million compared to INR 1,668.87 million a year ago. Revenue was INR 1,837.98 million compared to INR 1,676.29 million a year ago. Net income was INR 167.5 million compared to INR 107.56 million a year ago. Basic earnings per share from continuing operations was INR 6.22 compared to INR 3.99 a year ago. Diluted earnings per share from continuing operations was INR 6.2 compared to INR 3.99 a year ago.
For the full year, sales was INR 7,247.07 million compared to INR 7,320.83 million a year ago. Revenue was INR 7,382.95 million compared to INR 7,336.7 million a year ago. Net income was INR 501.34 million compared to INR 410.24 million a year ago. Basic earnings per share from continuing operations was INR 18.61 compared to INR 15.23 a year ago. Diluted earnings per share from continuing operations was INR 18.59 compared to INR 15.23 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.