Knowledge Marine reports marginal rise in Q2 consolidated net profit

Knowledge Marine & Engineering Works Ltd. | Ship Building | Construction & Infrastructure | BSE: 543273 | NSE: KMEW

15 Nov 2023 Evaluate

Knowledge Marine & Engineering Works has reported results for second quarter ended September 30, 2023 (Q2FY24).

The company has reported 3.03% rise in its net profit at Rs 23.84 crore for the quarter under review as compared to Rs 23.14 crore for the same quarter in the previous year. However, total income of the company decreased by 12.17% at Rs 103.43 crore for Q2FY24 as compared to Rs 117.76 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 2.43% rise in its net profit at Rs 24.42 crore for Q2FY24 as compared to Rs 23.84 crore for the same quarter in the previous year. However, total income of the company decreased by 12.40% at Rs 107.84 crore for Q2FY24 as compared to Rs 123.11 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
Mazagon Dock Ship.	2252.00
Cochin Shipyard	1363.00
VMS Industries	18.50
Swan Defence & Heavy	2727.40
Knowledge Marine	2887.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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