Kamdhenu posts 39% YoY increase in net profit

India Infoline News Service | Mumbai |

Kamdhenu Ispat Ltd registered a growth of 39% in net profit in quarter ended June 30, 2013 as compared to corresponding quarter in 2012

Kamdhenu Ispat Limited, one of the prominent construction materials manufacturers in India, has posted 39% increment in the net profit during quarter ended June 30, 2013 as compared to the net profit in corresponding quarter of the last year.

The company’s net profit rose by 36.81 Lacs aggregating to Rs. 132.05 lacs in quarter ended June 30, 2013  from Rs. 95.24 lacs in the corresponding quarter of the last year.

 

Satish Agarwal, CMD of Kamdhenu Ispat Limited, expressed satisfaction over the first quarter result and expressed to make it better in the next quarter. “Considering the volatile market scenario and sluggish growth in the steel industry in the country, the June quarter results are very much on the expected line. Once again, our Paint segment has registered an impressive growth. Hopefully the market sentiments will improve in the near future and we will achieve much higher graph of profit along with customer’s positive feedbacks which is always appreciated by Kamdhenu.” Mr Agarwal commented.

 

BSE 209.00 4.75 (2.33%)
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***Note: This is a NSE Chart

 

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