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Thehindubusinessline

Thehindubusinessline

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Stove Kraft Ltd reports profit of ₹6.8 crore in Q3

Stove Kraft Ltd, the cookware and home appliances manufacturer, recorded a profit of ₹6.8 crore for Q3 of the fiscal year 2023, marking a 13.3% YoY decline. However, the company's revenue saw an 11.4% YoY growth, reaching ₹361.6 crore. Sequentially, revenue decreased by 4.8% and net profit decreased by 59.1%. Stove Kraft aims to expand its operations outside of Southern India and bring innovative kitchen appliances to consumers in North India.

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