Steel maker Kamdhenu's Q3 net profit grows 82% to over Rs 12 crore

Quick Summary:

Steel maker Kamdhenu Ltd has posted an 82 per cent growth in its net profit during the December quarter at Rs 12.02 crore, on the back of increased revenues.

Its revenue from operations also rose 23 per cent to Rs 182.7 crore from Rs 149 crore in the year-ago period.At Rs 17.1 crore, the earnings before interest, taxes, depreciation and amortization (EBITDA) was 60 per cent higher from Rs 10.7 crore a year ago.

The company had recorded Rs 6.6 crore net profit during October-December period of 2021-22 fiscal, Kamdhenu Ltd said in a statement on Friday.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Press Trust of India

Category: BusinessFinance

Markets: India

Topics: Cent Business Profit Growth Increase Crore Steel Y-o-y Company Kamdhenu Standard

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-03 @ 13:34:00 (1 months ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 443 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 5111993

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 133 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions