Stove Kraft Ltd
P&L
Quarterly Standalone
vs Q2 FY25
Stove Kraft Limited Reports Robust Quarterly Performance with 11.7% YoY Increase in Revenue
03 Feb 2025 · 3 Feb 2025, 08:24 pm
Summary
Stove Kraft Limited, a leading brand for home & kitchen appliances in India, announced its unaudited Financial Results for the Quarter ended on 31st December 2024. The company reported a 11.7% YoY increase in revenue from operations, a 32.7% increase in gross profit, a 79.7% surge in PAT, and a 34.7% growth in EBITDA. The strategic partnership with IKEA and the launch of a new personal care product line are key highlights of the quarter.
Key Highlights
- 1
Revenue from operations increased by 11.7% YoY
- 2
Gross profit surged by 32.7%
- 3
Profit after tax (PAT) grew by 79.7%
- 4
EBITDA increased by 34.7%
- 5
Strategic partnership with IKEA announced for cookware supply from FY26
- 6
Launched a new personal care product line
Management Comments
Mr. Rajendra Gandhi (Managing Director)
We are pleased to report a strong third-quarter performance, with revenue growing 11.7% YoY and profitability surging 80%, driven by improved operational efficiencies. A key milestone this quarter was our strategic partnership with IKEA to develop and supply cookware globally from FY26. To support this, we are setting up a dedicated 180,000 sq. ft. manufacturing facility at our Harohalli campus in Karnataka, enhancing production capabilities and aligning with global best practices.
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