Kamdhenu's Q3 Profits Dip, Challenges Amidst Economic Shift

01 Feb 2024 CW Team

In a recent financial report, Kamdhenu, a prominent player in the steel and paints industry, revealed a 7% decline in net profit for the third quarter of the fiscal year 2024. The company, which has been a stalwart in the market, is grappling with challenges brought about by the shifting economic landscape.

Kamdhenu's net profit fell to ?11 million during the mentioned quarter, reflecting the complex dynamics at play in the current business environment. Economic uncertainties, coupled with changes in consumer behavior, have contributed to this downturn, posing a formidable test for the company's resilience.

Industry analysts speculate that the ongoing global economic shifts, trade disruptions, and supply chain challenges may have influenced Kamdhenu's financial performance. The company's management, however, remains optimistic about implementing strategic measures to navigate these challenges and restore growth.

This financial development raises questions about the broader implications for the steel and paints sector, highlighting the need for industry stakeholders to adapt swiftly to the evolving market conditions. Investors and market observers are closely monitoring Kamdhenu's response strategies, anticipating their impact on the company's future financial outlook.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..