Stove Kraft has been chosen by IKEA (Global Retail Chain) as supply partner.As part of this partnership, the Company will develop a range of cookware to be sold through IKEA`s global network of stores from 2026. The manufacturing facility for this partnership is being housed in a built up area of 180,000 sq ft at its Harohalli campus. The development aligns with the Company`s strategic objective of expanding its global footprint and strengthening its presence in international markets. The partnership with IKEA will also bring in global best practices in manufacturing and supply chain processes.Powered by Capital Market - Live News

Net profit of Stove Kraft rose 1.15% to Rs 16.72 crore in the quarter ended September 2024 as against Rs 16.53 crore during the previous quarter ended September 2023. Sales rose 10.15% to Rs 418.31 crore in the quarter ended September 2024 as against Rs 379.77 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales418.31379.77 10 OPM %11.7210.52 - PBDT39.2533.91 16 PBT21.8522.33 -2 NP16.7216.53 1 Powered by Capital Market - Live News

Stove Kraft will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live News

Net profit of Stove Kraft remain constant at Rs 8.20 crore in the quarter ended June 2024 and also during the previous quarter ended June 2023. Sales rose 5.61% to Rs 314.45 crore in the quarter ended June 2024 as against Rs 297.75 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales314.45297.75 6 OPM %10.078.05 - PBDT25.9621.35 22 PBT10.9211.08 -1 NP8.208.20 0 Powered by Capital Market - Live News

Stove Kraft will hold a meeting of the Board of Directors of the Company on 10 August 2024.Powered by Capital Market - Live News