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Business EconomyPosted at: Aug 13 2016 3:18PM


Kamdhenu net profit up by 66 pc in Q1 of 16-17

New Delhi, Aug 13 (UNI) In spite of adverse market conditions of the real estate and infrastructure projects in the country, Kamdhenu Ltd earned a profit of Rs 203 lakhs during the first quarter of financial year 2016-17 over the profit of Rs 122 lakhs during the same quarter last year registering an increase of 66 per cent.
However, net sales has been declined from Rs 221 crore to Rs 183 crore during this period.
Giving the reaction over the first quarter result, Satish Agarwal, CMD, Kamdhenu Ltd said, “Amidst the global slowdown in construction sector, the Company has registered 66 per cent growth figure in profit. We has increased the profit ratio very effectively using in better and efficient management of resources, this shows the capabilities of the Company.”
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 Ltd. Kamdhenu paints is known for its qualitative products which is certified on all Global Market Standards. Company has unique range of products which satisfies each and every demand of customers.
UNI ADP PY SW 1518
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