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Kamdhenu gains as Q2 profit grows 24% to over Rs 10 crore

The share touched a 52-week high of Rs 442.15 on January 24, 2023 and a 52-week low of Rs 166.05 on November 9

November 09, 2023 / 09:50 IST
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    Kamdhenu shares were up 0.7 percent at Rs 292.50  in the early trade on November 9, a day after the company reported a 24 percent rise in its net profit at Rs 10.18 crore for the July-September quarter of 2023-24.

    The company's total income, however, fell to Rs 186.59 crore over Rs 191.60 crore in the same quarter a year ago.

    Expenses were down at Rs 173.09 crore from Rs 180.72 crore in the year-ago quarter.

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    The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose by 9 per cent to Rs 13.3 crore from Rs 12.2 crore a year ago.

    The share touched a 52-week high of Rs 442.15 on January 24, 2023 and a 52-week low of Rs 166.05 on November 9. The stock is trading 33.85 percent below its 52-week high and 76.15 percent above its 52-week low.

    The share price rose 76 percent in the last one-year.

    Moneycontrol News
    first published: Nov 9, 2023 09:30 am

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