Kandal M Venture Limited Reports Significant Gross Profit Growth of 45% in Financial Results for the Six Months Ended September 30, 2026
Kandal M Venture reported unaudited H1 FY2027 results with revenue up 20.9% to $9.56 million for the six months ended September 30, 2026. Gross profit jumped 45.3% to $2.15 million as gross margin expanded 3.8 points to 22.5%, and operating income nearly tripled, up 183.2% to $538 thousand. Management credits a KPI incentive program, new technology-enabled machinery and better capacity utilization, and expects further revenue growth and margin expansion in the second half of fiscal 2027.
Key figures
- Revenue
- 9556000
- Revenue Yoy
- 20.9%
- Gross profit
- 2150000
- Gross profit yoy
- 45.3%
- Operating income
- 538000
- Gross profit margin
- 22.5%
- Operating income yoy
- 183.2%
- Prior period revenue
- 7904000
- Productivity improvement
- over 30% in output per hour
- Prior period gross profit
- 1480000
AI analysis
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