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Stove Kraft Ltd Q3 FY25 Results

STOVEKRAFTQ3 FY25 Results
Filing
MetricValue (₹ Cr)vs Q2 FY25
Revenue404.063.4%
Total Income403.983.0%
Expenditure389.061.4%
PBT14.9231.7%
Net Profit12.1427.4%
OPM-2.61%2.23pp
NPM3.00%1.01pp
EPS3.6727.5%
View full financials

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. 1

    Revenue from operations increased by 11.7% YoY

  2. 2

    Gross profit surged by 32.7%

  3. 3

    Profit after tax (PAT) grew by 79.7%

  4. 4

    EBITDA increased by 34.7%

  5. 5

    Strategic partnership with IKEA announced for cookware supply from FY26

  6. 6

    Launched a new personal care product line

Management Comments

M

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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