Somany Ceramics Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 05:23 am EST
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Somany Ceramics 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 6,526.1 million compared to INR 6,155.4 million a year ago. Revenue was INR 6,590 million compared to INR 6,206.7 million a year ago. Net income was INR 293.1 million compared to INR 146.9 million a year ago. Basic earnings per share from continuing operations was INR 6.9 compared to INR 3.46 a year ago. Diluted earnings per share from continuing operations was INR 6.89 compared to INR 3.46 a year ago.
For the six months, sales was INR 12,367.2 million compared to INR 11,708.2 million a year ago. Revenue was INR 12,479 million compared to INR 11,837.7 million a year ago. Net income was INR 438.8 million compared to INR 352.3 million a year ago. Basic earnings per share from continuing operations was INR 10.33 compared to INR 8.29 a year ago. Diluted earnings per share from continuing operations was INR 10.32 compared to INR 8.29 a year ago.
Somany Ceramics Limited is a manufacturer and trader of decor solutions. The Company is engaged in manufacturing ceramic/vitrified wall and floor tiles. It operates through Ceramic Tiles and Allied products segment. It offers a range of products including ceramic tile, floor tiles, polished vitrified tiles, digital tiles, wall tiles, wall claddings, sanitary ware, bathroom fittings, and tile laying solutions. Its wall and floor tiles categories include ceramic, duragres, wall cladding-Novaclad, durastone, and polished vitrified. It offers wall and floor tiles for bedroom, living room, kitchen, bathroom, kidâs room, outdoor and terrace wall cladding. Its allied products include body of hi-flow divertor, body of regular divertor, brass beauty solution, cloth liner and echo bottle trap round. Its tile laying solutions include Ezy Fix, and EZY Grout. Its brands include Somany Duragress, Somany Durastone, Somany Glostra, Somany Vistoso, Somany Vitro, Somany Slipshield and Somany Signature.
SOMANY CERAMICS LIMITED 
