Kamdhenu Ventures has reported a decline of 65.20 per cent in its net consolidated profit during the quarter ended September 30, 2024. Its profit after tax stood at Rs 1.19 crore in Q2 FY25 as against Rs 3.42 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
Saurabh Agarwal, managing director of the company said, “The softer demand environment affected sales of high-value products, impacting margins; however, we are confident to recover during the upcoming festive period. This optimism is supported by strengthening rural demand following a favorable monsoon and our extensive regional presence.”The company’s net consolidated total income stood at Rs 54.97 crore in Q2 FY25, a dip of 16.64 per cent from Rs 65.94 crore it recorded in the similar quarter last year.
