Kamdhenu Ispat Ltd., India’s leading company in steel and construction sector has posted a total income of Rs. 9228.82 lakhs scoring a 30 percent growth in its 3rd quarter results, up from Rs. 7114.90 lakhs in corresponding quarter of previous year. The Company also charted a growth of 22 percent in its net profit this quarter that figured at Rs. 316.83 lakhs, up from Rs. 259.63 lakhs from the corresponding quarter last year. Net segment revenue earned during the 3rd qt also including sales and revenue showed an increase of 30 percent from that of the corresponding qt.

With its foothold across the country, expanding into the neighbourly nation of Nepal, Kamdhenu Ispat Limited has been manufacturing, marketing, distributing and branding its diverse range of Kamdhenu brand products and services through its highly successful and pioneering business model of franchisee association. Commenting on the Q3 results, Satish Agarwal, Chairman & Managing Director, Kamdhenu Ispat Ltd., said, “We are working with futuristic growth dynamics. The Q3 results show a good outcome for our efforts. We are on diversification mode and utilizing our expertise and knowledge of business in expanding into different construction verticals. We would like to inform you that Kamdhenu Ispat Ltd. is foraying into Paint segment soon.”

In line with its growth orientation, Kamdhenu Ispat Limited recently has forayed into Plywood segment with a focus on marketing and branding of the product. This has been done after thorough market analysis and in view of the rising demands in the quality plywood for various construction applications in booming housing sector. The Company, with its robust marketing strength and strong brand leverage, plans to expand its Plywood base across the country’s construction segment. Similarly the Company is entering Paint segment with its Paint Division under which its own plant at Bhiwadi is being set up for which construction/installation of machinery is in full swing. From here, the Company will manufacture World Class Architectural Coatings, Hygienic Coatings, Insulation Paints for Exterior & Interior, Durable designer Textured finishes, Undercoating & Wood finishes, suiting each & every individual’s budget as well as enable every Builder/Developer complete their projects within reasonable budget with high profile presentation.

Kamdhenu Ispat Ltd. is targeting to become a one-stop destination for all constriction products provider Company. In this regard, the Company is expanding its base through franchisee arrangement, liaising with like-minded competent infrastructural products manufacturer companies. Currently the Company has 38 franchisee manufacturing units spread across the country.

With its robust marketing network and over 2500 dealers and distributors, the company is reaching out across India and beyond. The Company’s wide products portfolio inclusive of Reinforcement Steel (TMT/HSD), Structural Steel (Angles, Channels, Beams and Flats) Binding wire, Plywood along with building houses in association with unique franchisee arrangements. The company has adopted one of the most successful business models in the corporate India so far, providing its brand leverage, technological and marketing network to the chosen franchisee. This inorganic mode of growth has proved to be trendsetter for the fragmented segment of middle tier steel products manufacturing companies.

Sourced From: India News Communications Ltd

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