Kajaria Ceramics Limited Reports Earnings Results for the Second Quarter Ended September 30, 2019
October 23, 2019 at 05:16 am EDT
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Kajaria Ceramics Limited announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced total revenue was INR 7,215 million compared to INR 7,299 million a year ago. Net income was INR 931.9 million compared to INR 502 million a year ago. Basic earnings per share was INR 5.86 compared to INR 3.16 a year ago. Diluted earnings per share was INR 5.86 compared to INR 3.15 a year ago. For the half year, total revenue was INR 14,267.7 million compared to INR 13,893 million a year ago. Net income was INR 1,442 million compared to INR 957.7 million a year ago. Basic earnings per share was INR 9.07 compared to INR 6.03 a year ago. Diluted earnings per share was INR 9.07 compared to INR 6.01 a year ago.
Kajaria Ceramics Limited is an India-based manufacturer of ceramic/vitrified tiles. The Company's segments include Tiles and Others. The Tiles segment is engaged in the manufacturing and trading of ceramic and vitrified wall and floor tiles. The Others segment is engaged in the manufacturing of sanitary ware and faucet and trading of plywood and block board, and also includes bath ware and plywood products. Its product categories include glazed vitrified tiles - Eternity, ceramic wall and floor tiles, polished vitrified tiles and tile adhesives. The Company's wall tiles product categories include bathroom, kitchen, outdoor, living room, bedroom and wall tiles for commercial spaces. Its floor tiles product categories include living room, outdoor, bedroom, kitchen, bathroom and floor tiles for commercial spaces. The Company's Eternity glazed vitrified tiles include admiral brown, bolvia grey. ambrosia, ambrosia decor, apollo grey, astonia bronze, astonia nero and blossom beige decor.