Leading TMT bar maker Kamdhenu Tuesday said its net profit jumped 66.13 per cent to Rs 5.20 crore during the quarter ended September 30, 2018, helped by higher income.
The company had clocked Rs 3.13 crore net profit during the same period a year ago, Kamdhenu said in a BSE filing.
During the quarter, the company's total income rose 22.44 per cent to Rs 332.20 crore, compared with Rs 271.30 crore in the year-ago period.
Its expenses increased to Rs 324.14 crore, against Rs 266.45 crore in the July-September period of 2017-18.
In a conference call, Kamdhenu Chairman and Managing Director Satish Agarwal said:"In September quarter, sales were about 25 per cent higher at 5,11,000 tonne as compared to 4,10,000 tonne in the year-ago quarter."