Iron & Steel & Products company Kamdhenu announced Q2FY25 results Revenue from Operations: Rs 190.2 crore compared to Rs 185.0 crore during Q2FY24, change 3%. Profit Before Tax: Rs 20.9 crore compared to Rs 13.5 crore during Q2FY24, change 55%. PBT margin: 11% for Q2FY25. PAT: Rs 15.9 crore compared to Rs 10.2 crore during Q2FY24, change 56%. Satish Kumar Agarwal, Chairman & Managing Director said: ‘After a challenging Q1, we are pleased to report a strong recovery in revenue growth for Q2, primarily driven by increased construction activity. Despite some regional flooding challenges, Q2FY25 revenue reached Rs. 190 crores, reflecting a 3% year-over-year growth with our volume sales through the franchisee route witnessing a growth of 11% YoY. Despite a decline in the average selling price of TMT bars we have witnessed a growth in revenue from own facility of 1% this growth was driven by an 8% uptick in our volume sales from our own facility. With the government’s emphasis on capital expenditure and substantial investments in initiatives like 'Housing for All' and other infrastructure projects, we expect an upsurge in demand for TMT bars in the near future. We also achieved significant improvement in PBT margins, which rose to 11% from 7.3% last year. Our brand’s reputation for quality and reliability continues to set us apart, attracting new franchisees and driving strong growth in royalty revenue, which increased by 11% to Rs. 33 crores. This royalty revenue remains highly capital-efficient, delivering substantial returns without major capital investment by leveraging our brand’s strength. This performance underscores our ability to expand our franchise network while consistently meeting customer expectations for reliable products. Indian consumers are increasingly favoring branded TMT bars over unbranded options, driven by a rising awareness of quality and safety in construction materials. With growth in infrastructure projects and supportive government regulations, quality and durability are top priorities for long-term value. Kamdhenu’s branded TMT bars provide consistent quality, making them a preferred choice in this evolving construction landscape. Holding a 20% market share in the organized retail TMT bar segment, we’re confident in our ability to grow our market presence in the years ahead. Our commitment to excellence and quality has been pivotal to our success, and we remain focused on advancing our products and strengthening our brand. Looking ahead, we aim to double our sales in the next 4-5 years through both our franchisees and in-house manufacturing.” Result PDF