Kingfa Science & Technology (India) Limited reported Q1 FY2024 results with revenue up 11.06% to Rs. 46,193.43 lakhs, but net profit down to Rs. 3,800 lakhs. EBITDA increased to Rs. 5,810 lakhs with a margin of 12.58%. The company appointed Mr. Subramanyan S. K. as Independent Director and Mr. Sun Yajie as Executive Director, while Mr. Wu Xiaohui resigned. A new product, Long Glass fiber reinforced Thermoplastics, was launched for the domestic market.
28May 25
KINGFA SCIENCE & TECH Reports Robust Q4 Performance with 25% Surge in Net Profit
KINGFA SCIENCE & TECH announced impressive Q4 results with revenue up 16.3% to ₹4.70 billion, EBITDA rising 18.9% to ₹605.00 million, and net profit surging 24.9% to ₹419.00 million year-over-year. The company's EBITDA margin improved to 12.87%. For FY 2024, annual revenue grew 6.03% to ₹1,490.80 crore, with net profit soaring 50.49% to ₹122.50 crore, demonstrating strong operational efficiency and market performance.