New Delhi, February 14 Leading TMT manufacturer Kamdhenu has reported around 7 per cent year-on-year growth in net profit to Rs 21 crore in the December quarter, driven by increased revenue.
The company had reported a net profit of Rs 12.45 crore in the October-December period of the previous 2024-25 financial year, the company said in an exchange filing on Friday.
The company increased its total revenue to Rs 175.59 crore from Rs 172.65 crore in the third quarter a year ago.
In a statement, Kamdhenu Group CMD Satish Agarwal said, "During the period, we achieved our highest-ever profit before tax and PBT margin (16 per cent), supported by growth in our franchise volumes and rapidly rising royalty income. Royalty income remains highly capital-efficient, allowing us to scale without incremental manufacturing investments."
Sharing the outlook for the segment, Agarwal said that demand for TMT steel bars is on an upward trajectory, driven by robust construction activities in both urban and rural areas, driven by government initiatives. Gurugram-based Kamdhenu Group is also involved in the manufacturing of paints.
