Stove Kraft Limited — Updates, 03-02-2025: Press Release

Stove Kraft Limited reported a strong Q3 FY25 performance, with revenues reaching ₹404.1 crores, reflecting an 11.7% year-on-year growth. Gross profit increased by 9.0% to ₹151.7 crores, while EBITDA surged 34.7% to ₹40.5 crores, enhancing margins. PAT exhibited an impressive rise of 79.7%, standing at ₹12.1 crores due to improved operational efficiencies.

The quarter also marked a significant partnership with IKEA for global cookware supply from FY26, supported by a new 180,000 sq. ft. manufacturing facility in Karnataka. Additionally, the fully operational cast iron foundry has a capacity of 2.2 million pieces per annum, scalable to 4.4 million. The company has expanded its retail presence, launching a personal care product line, and has established 230 stores across 16 states, achieving an average monthly sale of ₹3.56 lakhs per store. These strategic initiatives are positioning Stove Kraft for sustained growth and market leadership.