Khadim India Ltd has recorded a 36 per cent drop in its net profit for the third quarter ending December 2024, falling to approximately US $ 0.14 million (Rs. 1.16 crore) from approximately US $ 0.22 million (Rs. 1.82 crore) in the same period last year.
Despite the profit decline, the company saw a 3 per cent increase in revenue, reaching US $ 19.6 million (Rs. 160 crore) compared to US $ 19.1 million (Rs. 156 crore) in the corresponding quarter of the previous fiscal year.
Khadim has expanded its retail presence significantly, adding 61 new stores in the first nine months of the fiscal year, bringing its total store count to 890. The company’s distribution network also grew, with the addition of 15 new distributors, bringing the total to 776.
Looking ahead, Khadim aims to solidify its market position in eastern and southern India while leveraging brand recognition to expand into western and northern markets. The company also plans to increase capacity utilization at its existing manufacturing facilities and invest in new machinery.
