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Press Release

Kamdhenu Limited recorded brilliant results in Q3


Company recorded 17% net profit despite demonetization and
property slump

New Delhi: Kamdhenu Limited is known as the best TMT rebar brand of India. It has
recorded exceptional growth during its 3rd quarter of this financial year i.e. Rs. 258
lacs as the net profit in comparison to Rs. 250 lacs in the third quarter of last
financial year. Moreover, Kamdhenus net profit in the nine months of current
financial year has reached Rs. 682 lacs in comparison to last years Rs. 585 lacs.
Despite demonetization and real estate slump, the company has fairly registered
17% growth in its third quarter as compared to the second quarter of this financial
year.

While demonetization affected every walk of economy in the country, Kamdhenu


stood out achieving optimum returns, as it strengthened its cashless system way
before and proved out to be a leader in related sectors. In the second quarter of this
fiscal year, their business reached to Rs. 18,849 lacs and due to the consistent
efforts to do better, they registered Rs. 23,320 lacs as the total business in third
quarter which has risen to a brilliant score of 24% higher profit comparatively.

Mr. Satish Agarwal, CMD, Kamdhenu Limited expressed his thoughts about the Q3
results and stated, Demonetization had adverse effects on the Indian economy but
with the better management capabilities, we proved our mettle and sorted ways to
record more profit at this downbeat time. However, lack of capital in the market
hampered the demand on averagely everything, but still, customers showed their
interest in our products which is the proof of their trust in Kamdhenu Limited. It
shows that we are offering better quality products to the customers. I think this is our
valuable asset.

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 Kamdhenus product
is more than Rs. 8,000 cr. The company is having more than 70 franchisee
manufacturing units and 4000 dealers of paint division and 4500 dealers &
distributors of steel, spread across the country.

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