· Revenue for 9m FY23 at ₹ 92.94 crore; up 17.23%
· EBITDA for 9M FY23 at ₹₹ 28.72 crore; up 9.08%
· PAT for 9M FY23 at ₹ 29 crore; up 348%
Mumbai : Shri Keshav Cement & Infra Limited (BSE – 530977), engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka has announced its unaudited Financial Results for the Q3 & 9M FY23.
· Revenues from manufacturing and trading in cement was at ₹ 69.95 crore as against ₹ 63.69 crore
· Revenues from solar power generation and supply were at ₹ 14.98 crore as against ₹ 7.86 crore
Commenting on the performance, Mr. Venkatesh Katwa, Chairman of Shri Keshav Cement & Infra Limited said, “Good demand for cement and price hike taken during the quarter enabled us to report 20% plus growth in revenues. Our capacity expansion on existing land by balancing processes and modernising equipment will help us report better revenues and improvement in profit in the coming period.
Revenue from solar capacity almost doubled during nine months of the current financial year.”
Incorporated in the year 1993 Shri Keshav Cement & Infra Limited (KCIL), formerly Katwa Udyog Limited) is engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka India.
