Kingfa Science & Technology (India) Limited — Important, 11-02-2025: Updates
Kingfa Science & Technology (India) Limited has provided a performance update for the quarter ended December 31, 2024. The company's net revenue from operations reached ₹1275.14 crore, a 17.71% increase compared to ₹1083.29 crore in the previous year. Domestic sales constituted 93% of overall revenue, while export sales were 7%. For Q3 FY 2024-25, revenue stood at ₹440.37 crore, reflecting an 11.82% rise from ₹393.81 crore in Q3 FY 2023-24. This quarter, net profit after tax was ₹34.63 crore, compared to ₹37.26 crore in the preceding quarter. The strong sales performance, primarily driven by the domestic segment, presents a positive outlook for the upcoming periods. Investors should watch closely for further developments, as the company continues to strengthen its position in the auto and non-auto sectors, despite potential challenges in export markets.
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