News
Kamdhenu quarterly PAT makes big jump
Kamdhenu Limited, manufacturer and seller of branded TMT bars in the retail segment, has declared its unaudited financial results for the quarter and nine months ended December 31, 2020.
According to a press release, the overall revenue of the company stood at Rs. 192.8 crore (+32 pcQoQ), EBITDA was at Rs.13.7 crore (+56 pcQoQ) and PAT at Rs.7.2 crore (+186 pcQoQ)
Commenting on the performance, Satish Kumar Agarwal, Chairman & Managing Director, said:“We are happy to report that with the gradual revival of the economy and unlocking of industries across India post COVID-19 disruption in Q1, we have seen a significant quarter-on-quarter improvement in both our business segments, steel and paints. Our average capacity utilisation at both plants has been gradually increasing through Q1 to Q3 FY21.”
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