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Stove Kraft Ltd Q1FY24; 1% rise in Profits

StoveKraft Ltd was incorporated in 1999 by Mr. Rajendra Gandhi. It manufactures a wide range of kitchen solutions under Pigeon (value), Gilma (semi-premium) brands and acts as an exclusive partner for kitchen appliances of the BLACK + DECKER (premium) brand. The products comprise cookware and cooking appliances, while the home solutions consist of various household utilities, including the recently introduced LED bulbs, oxymeters, etc.

Financial Results:

Stove Kraft Ltd reported Revenues for Q1FY24 of ₹297.75 Crores up from ₹275.07 Crore year on year, a rise of 8.25%.

Total Expenses for Q1FY24 of ₹288.29 Crores up from ₹263.02 Crores year on year, a rise of 9.61%.

Consolidated Net Profit of ₹8.20 Crores up 1.49% from ₹8.08 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.48, up 0.81% from ₹2.46 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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