KDDL is an engineering company engaged in the manufacture of watch components, precision stamped components and progressive tools for various applications.
On a consolidated basis, KDDL's net profit stood at Rs 2.86 crore in Q2 September 2020 as against a consolidated net loss of Rs 67 lakhs posted in Q2 September 2019. Net sales fell 12% year on year to Rs 139.41 crore in Q2 September 2020.
Shares of KDDL jumped 6.32% to Rs 186 on Tuesday.