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Khadim India Limited

5 articles
Khadim India's recently concluded 45th Annual General Meeting saw shareholders overwhelmingly approve all five resolutions, including the adoption of financial statements and director re-appointments, signaling continued governance alignment. However, first-quarter results revealed an 18.7% year-over-year revenue decline to ₹778.4 million, despite a notable 380-basis-point improvement in gross margin. While the company's asset-light model and extensive retail network remain strengths, the contraction in EBITDA and profit after tax margins to 10.1% and 0.7% respectively, underscores challenges in maintaining profitability amidst softening demand, potentially requiring strategic adjustments to navigate the evolving retail landscape.