February 12, 2025

Stove Kraft Q3 Results, Profit Jumped Almost 80%

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Stove Kraft

Stove Kraft Q3 Results are out now. The company reported a Net Profit of 12.1 Crores a 79.7% Y-o-Y increase. The Company also reported the Revenue from operations stood at 404.1 Cr in Q3 FY25 as compared to 361.6 Cr in Q3 FY24. Revenue has grown by 11.7% compared to the same period last year with 3.7% volume growth in Kitchen and Home Appliances.

During the quarter 17 exclusive pigeon retail stores were added (15 of them are on the COCO model and 2 of them are on the FOFO model). 230 stores operational in 16 states and 66 cities of India. Added 17 new stores in Q3 FY25 with 4 under the franchisee model.

Pressure cookers & small appliances contributed 37% of the Revenue. The average sale per store stands at ₹3.56 Lakhs.

Stove Kraft

Commenting on Q3 performance Mr. Rajendra Gandhi (Managing Director) said, “We are pleased to report a strong third-quarter performance, with revenue growing 11.7% YoY and profitability surging 80%, driven by improved operational efficiencies. A key milestone this quarter was our strategic partnership with IKEA to develop and supply cookware globally from FY26. To support this, we are setting up a dedicated 180,000 sq. ft. manufacturing facility at our Harohalli campus in Karnataka, enhancing production capabilities and aligning with global best practices

Also Read: Kalyan Jewellers Strong Q3 Results, Stock Rise 12%

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