Cera Sanitaryware Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 01, 2023 at 03:10 am EDT
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Cera Sanitaryware Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 4,637.07 million compared to INR 4,159.4 million a year ago. Revenue was INR 4,762.39 million compared to INR 4,265.12 million a year ago. Net income was INR 569.04 million compared to INR 507.48 million a year ago. Basic earnings per share from continuing operations was INR 43.75 compared to INR 39.02 a year ago. Diluted earnings per share from continuing operations was INR 43.75 compared to INR 39.02 a year ago.
For the six months, sales was INR 8,926.15 million compared to INR 8,131.44 million a year ago. Revenue was INR 9,204.24 million compared to INR 8,230.88 million a year ago. Net income was INR 1,131.85 million compared to INR 902.38 million a year ago. Basic earnings per share from continuing operations was INR 87.03 compared to INR 69.38 a year ago. Diluted earnings per share from continuing operations was INR 87.03 compared to INR 69.38 a year ago.
Cera Sanitaryware Limited is engaged in the business of manufacturing, selling, and trading of building products and is having nonconventional wind & solar power for captive use in the State of Gujarat. Its products and services include sanitaryware, faucets ware, tiles, bathroom accessories and allied products. Its Sanitaryware products include EWCs, wash basins, cisterns, seat covers, urinals, electronic flushing systems, special needs range, bath accessories, water saving products and kidâs range. Its Faucets & Showers products include foot operated faucet, single lever faucets, quarter turn faucets, half turn faucets, sensor and touch faucets, special need products, other allied products, health faucets, bathroom accessories and Cera auxiliaries. Its tiles products include wall and floor tiles. Its Wellness products include free standing bathtub, drop-in bathtub, air and water massage bathtub, and others. It also offers shower products, kitchen sinks and personal care products.