Kamdhenu Paints witnesses 206% growth in net profit in FY22

11 Nov 2021 CW Team

Kamdhenu Limited told the media that it reported an increase of 206% in its consolidated net profit during the September quarter.

The company's profit after tax (PAT) stood at Rs 7.64 crore in the second quarter (Q2) of FY22, compared to Rs 2.50 crore in the previous fiscal year.

Its net consolidated total income stood at Rs 216.41 crore, with 58% growth from Rs 137.26 crore in the last quarter.

Chairman and Managing Director of Kamdhenu, Satish Kumar Agarwal, said that Q2 FY22 was a positive quarter with total revenue of Rs 215.5 crore. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) is Rs 14 crore, and PAT is Rs 7.7 crore. The paint business has revenue growth of 58% year-on-year (YoY) in Q2 FY22. It witnessed a robust demand for steel products with increased construction activities.

The revenue generated from the steel business was Rs 152.65 crore, while the paint business stood at Rs 62.87 crore. During Q2 FY22, the paint business contributed 29% of the revenue, and the steel business contributed 71% of the revenue.

The National Company Law Tribunal (NCLT), Chandigarh, has approved the first movement towards the scheme of the arrangement, including the demerger of the paint business into a separate business.

After the approval, secured and unsecured creditors of the company in their meetings on 21 September under NCLT, Chandigarh, the company registered its second motion petition for its approval on 5 October.

Image Source

Also read: Kamdhenu Limited notes 71% surge in net profit for Q4 FY21
Also read: Kamdhenu Group to invest Rs 200 cr to expand paint business

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..