Kamdhenu Ltd Share Price – NSE  /  BSE

Steel, Small Cap

Kamdhenu announced that the 30th Annual General Meeting (AGM) of the company will be held on 7 August 2024.

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Kamdhenu has invested a sum of Rs 4.85 crore towards the subscription of 2,11,000 equity shares of face value of Rs. 10 each of VMS TMT (a franchisee unit of the Company) at an issue price of Rs. 230 per share, on preferential basis.

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Net profit of Kamdhenu rose 55.67% to Rs 16.75 crore in the quarter ended March 2024 as against Rs 10.76 crore during the previous quarter ended March 2023. Sales rose 5.48% to Rs 176.04 crore in the quarter ended March 2024 as against Rs 166.89 crore during the previous quarter ended March 2023.

For the full year,net profit rose 22.21% to Rs 50.13 crore in the year ended March 2024 as against Rs 41.02 crore during the previous year ended March 2023. Sales declined 1.01% to Rs 724.71 crore in the year ended March 2024 as against Rs 732.08 crore during the previous year ended March 2023.

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Kamdhenu announced that the Board of Directors of the Company at its meeting held on 6 May 2024, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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