Khadim India Q2 net profit rises 30 percent to Rs 2 crore

Footwear major Khadim India Ltd reported a 30 percent increase in net profit to Rs 2.33 crore ($2,76,078) for the quarter ended September 30, as against Rs 1.79 crore in the year-ago quarter.

The company’s revenue for the quarter rose by 2 percent to Rs 161 crore, as against Rs 157 crore in the corresponding quarter of the previous financial year.

During the first half of FY2025, Khadim’s revenue stood at Rs 314 crore while its net profit was Rs 3 crore.

Khadim’s store network increased during the period with the addition of 42 retail stores taking the total retail presence to 891 stores.

The company also strengthened its distribution network by adding 31 distributors as on H1 FY25, taking total count to 764.

“Khadim is well positioned to tap the industry growth potential across both retail and distribution segments. Growth strategy includes expansion of store network pan-India with focus on premiumisation, asset light model & optimum capacity utilisation,” Khadim said in its investor presentation.

The Kolkata-based Khadim India Ltd is one of the largest footwear retailers in lndia in terms of exclusive stores.