Kothari Industrial Corporation Q1 Results Revenue Hits ₹1,362.81 Lakhs with Profit Before Tax of ₹27.42 Lakhs

Kothari Industrial Corporation Q1 results: Kothari Industrial Corporation (KICL) has announced its financial results for the first quarter of the 2024-2025 fiscal year. On August 26, 2024, KICL reported a significant increase in revenue, with gross sales rising to ₹1,183.51 lakhs from ₹177.63 lakhs in the same period last year, marking a substantial year-over-year growth of approximately 567.5%.

The company's total revenue also saw a strong boost, reaching ₹1,362.81 lakhs compared to ₹236.83 lakhs in Q1 2023, reflecting an impressive year-over-year increase of around 475.5%. Despite the notable rise in revenue, KICL faced challenges with its expenses.

The total expenses surged to ₹1,335.39 lakhs from ₹679.75 lakhs in the previous year, an increase of about 96.5%. This resulted in a profit before tax of ₹27.42 lakhs, a turnaround from the loss of ₹442.92 lakhs reported in the same quarter last year.

The company’s performance highlights a positive shift, with significant improvements in both revenue and profitability, signaling a strong start to the fiscal year.

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Kothari Industrial Corporation Q1 Results 2024 - 2025

Here is a summary of Kothari Industrial Corporation's financial performance for the first quarter of the 2024-2025 fiscal year:

Source: Here

Kothari Industrial Corporation Current Market Overview

Kothari Industrial Corporation is currently trading at ₹16.9 per share on the Bombay Stock Exchange (BSE), with a market capitalization of ₹32.3 crores. The stock has experienced a high of ₹16.9 and a low of ₹1.80 in recent times.

It has a very low Price-to-Earnings (P/E) ratio of 0.78, indicating that the stock is potentially undervalued compared to its earnings. The company offers no dividend yield and has a high Return on Capital Employed (ROCE) of 216%, which suggests efficient use of its capital. The face value of the stock is ₹5.00.

Quarterly Results

Here is a summary of Kothari Industrial Corporation's quarterly results for the periods ending December 2023, March 2024, and June 2024:

About Kothari Industrial Corporation

Kothari Industrial Corporation (KICL) is a well-established Indian company with a diverse portfolio. Founded in 1917 by Chandula Mothilal Kothari, the company has grown to include manufacturing and trading in fertilizers, textiles, yarn, and granite products.

Under the leadership of Dr. J. Rafiq Ahmed, KICL continues to expand its global presence and aims to position India prominently on the world stage. The company is dedicated to delivering quality products and services while maintaining a commitment to customer satisfaction and sustainable growth.

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