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Khadim India Ltd Q1FY24; 51% fall in Profits

Khadim’s, established in 1981 as S.N. Footwear Industries Private Limited was involved in the whole-selling and distribution of branded basic utility footwear. From 1993, it forayed into retailing and emerged as a popular fashion footwear brand. Its business objective is ‘Fashion for Everyone’, and it has an identity as an ‘affordable fashion brand.


Financial Results:

  • Khadim India Ltd reported Revenues for Q1FY24 of ₹157.98 Crores down from ₹166.07 Crore year on year, a fall of 4.87%.
  • Total Expenses for Q1FY24 of ₹157.29 Crores down from ₹163.82 Crores year on year, a fall of 3.99%.
  • Consolidated Net Profit of ₹1.65 Crores down 50.75% from ₹3.35 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.92, down 50.54% from ₹1.86 in the same quarter of the previous year.
Tags: Footwear
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