Categories Earnings, Retail

StoveKraft Ltd Q4FY23 results out, revenue grows by 7%

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.

  • StoveKraft Ltd reported Total revenue for Q4 FY23 of ₹278 Crore, up from ₹261Crore year on year depicting a growth of 7%.
  • Total Expenses for Q4 FY23 of ₹272 Crore up, from ₹246 Crore year on year, a growth of 11%. 
  • Consolidated Net Profit of -(₹6) Crore, down 170% from ₹8.6 Crore in the same quarter of the previous year. The
  • Earnings per Share is -(₹1.82), down 169% from ₹2.63 in the same quarter of the previous year.

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