Kamdhenu announced that the Board of Directors of the Company at its meeting held on 18 May 2023, has recommended a Final dividend of Rs.1.50 per share (i.e.15%), subject to the approval of the shareholders.

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Net profit of Kamdhenu rose 96.71% to Rs 10.76 crore in the quarter ended March 2023 as against Rs 5.47 crore during the previous quarter ended March 2022. Sales declined 9.89% to Rs 166.89 crore in the quarter ended March 2023 as against Rs 185.20 crore during the previous quarter ended March 2022.

For the full year,net profit rose 53.35% to Rs 41.02 crore in the year ended March 2023 as against Rs 26.75 crore during the previous year ended March 2022. Sales rose 22.10% to Rs 732.08 crore in the year ended March 2023 as against Rs 599.59 crore during the previous year ended March 2022.

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Kamdhenu will hold a meeting of the Board of Directors of the Company on 18 May 2023.

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The Board of Kamdhenu on 02 May 2023 has approved the appointment of Baldev Raj Sachdeva (DIN: 00016325) as an Additional Director in the category Non - Executive Independent Director of the company, for a term of 3 (Three) years w.e.f 2 May 2023 to 1 May 2026 (both days inclusive), subject to the approval of Shareholders of the Company.

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