KDDL profit climbs 51% as institutional stake doubles

KDDL announced robust results for the first quarter of fiscal year 2027. The company's revenue climbed 36.3% compared to the previous year, reaching ₹633.80 crore, while profit after tax (PAT) saw a 50.7% jump to ₹44.75 crore. Profit before tax (PBT) also rose by 41.1% to hit ₹61.97 crore. Following the announcement, the company's shares rallied more than 12%. Additionally, domestic institutional investor (DII) holdings increased significantly, more than doubling to 2.16% over the year, signaling growing confidence from institutional players.

by shortkt.com
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KDDL profit climbs 51% as institutional stake doubles | ShortKT