NILKAMAL Q2 Results: Revenue rose by 5.00% year-over-year (YoY) to Rs. 822 crore, while net profit rose by 32.00% YoY to Rs. 33 crore.
Brand Nilkamal has become a household name owing to its quality and reach of moulded furniture business across the deepest pockets of the country. Nilkamal has to its credit, of being the world’s largest producer of moulded plastic furniture giving it an edge over competition.
Revenue
Revenue for the current quarter (Sep 2024) is Rs. 822 crore which is Rs. 743 crore more than the revenue in the previous quarter (Jun 2024). However, it is higher than the revenue for the same quarter last year (Sep 2023) which was Rs. 776 crore.
Net Profit
Net Profit for the current quarter (Sep 2024) is Rs. 33 crore, which is Rs. 18 crore more than the net profit in the previous quarter (Jun 2024). However, compared to the same quarter last year, it is significantly higher than the net profit of Rs. 25 crore for Sep 2023.
EPS
The EPS for the current quarter (Sep 2024) is 21, which is 12 less than the EPS for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the EPS of 16 for Sep 2023.
Other Income
Other income for the current quarter (Sep 2024) is Rs. 5 crore, which is Rs. 6 crore less than the previous (Jun 2024) income. However, compared to last year’s quarter, it is lower than the other income of Rs. 9 crore for Sep 2023.