Kamdhenu Ltd Reports 39% Profit Surge Amid Revenue Growth
Kamdhenu Ltd, a major TMT rebar player in India, reported a 39% year-on-year increase in net profit for Q1 FY26, reaching Rs 21.4 crore. The rise was driven by enhanced revenues and royalty income. Currently holding 20% of the organized TMT rebar market, the company plans to double this share within five years.
- Country:
- India
Kamdhenu Ltd has announced a robust 39% growth in net profit for the first quarter of FY26, standing at Rs 21.4 crore. This increase is attributed to a boost in revenues, which rose to Rs 196 crore from Rs 184.5 crore a year earlier.
Chairman and Managing Director Satish Kumar Agarwal highlighted that the company commenced the fiscal year with a strong performance, driven by a significant rise in royalty income, which escalated to Rs 41.5 crore from Rs 34.8 crore in the previous year's corresponding period.
Kamdhenu's strategic positioning in the TMT rebar segment, with a current market share of 20%, comes as it operates manufacturing plants across various Indian states including Odisha, Gujarat, and Karnataka. The company's ambitious goal is to double its market share within the next five years.
(With inputs from agencies.)
- READ MORE ON:
- Kamdhenu
- Ltd
- net profit
- Q1 FY26
- revenue
- TMT rebar
- royalty income
- market share
- manufacturing
- India
ALSO READ
Oracle's Cloud Surge: Market, AI, and Revenue Boom
Godrej Interio Aims for Rs 10,000 Crore Revenue Boost with Rs 300 Crore Investment
Brigade Enterprises Aims for Rs 2,500 Crore Revenue with New Bengaluru Luxury Project
Godrej Interio's Ambitious Expansion and Revenue Goals
Google Cloud's $58 Billion Revenue Surge: A Glimpse into Tech's Future
Google News