New Delhi: Kamdhenu Limited, one of the frontrunner companies of India in steel and Paint segment, has had a very good second quarter business wise in the ongoing F.Y 2016-17. During the second quarter of the current fiscal year company has registered profit Rs. 221 Lakhs while the second quarter of the last financial year the company had a net profit of Rs 213 Lakhs. As well as the company’s half yearly aggregated to net profit Rs. 424 Lakhs as compared to Rs. 335 lakhs last year of same period. In spite of adverse market conditions of the real estate and infrastructure projects company has done impressive business.
Giving the reaction over the 2nd quarter result; Mr. Satish Agarwal, CMD, Kamdhenu Limited said, “Amidst the slowdown in the construction sector we managed to increase our net profit. It is an evidence of the company’s abilities of using the resources better. We are growing day by day due to our customer trust and high quality product.”
The Company has also been operating through ‘franchise business association model’ for steel in order to promote its brand in association with various manufacturing plants spread across the country. The company is enjoying a huge marketing network of dealers and distributors to penetrate deep and wide market across the country. It promises to deliver high quality products and services to its customers at reasonable cost.
Kamdhenu Paints, Operating as a paint division of the prominent Infrastructure sector company of the country Kamdhenu Limited. Kamdhenu paint is known for its qualitative products which are certified on all Global Market Standards. Company has unique range of products which satisfies each & every demand of customers. Company has all decorative range of products including designer paints.
About Kamdhenu Limited:
Kamdhenu Limited is a leading company of Kamdhenu Group which manufactures, market, brand & distribute all products related to building construction such as steel, paints, plywood & etc. ISO 9001:2008 certified & listed in BSE & NSE, company has done the business value of Rs. 885 cr. in the FY 2015-16. But put together all the brand value of Kamdhenu’s product is more than Rs. 8,000 cr. The company is having more than 60 franchisee manufacturing units and 4000 dealers of paint division and 4500 dealers & distributors of steel, spread across the country.