Kajaria Ceramics Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
October 22, 2021 at 04:30 am EDT
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Kajaria Ceramics Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 9,735.5 million compared to INR 7,125.1 million a year ago. Revenue was INR 9,806.7 million compared to INR 7,173 million a year ago. Net income was INR 1,161.4 million compared to INR 891.2 million a year ago. Basic earnings per share from continuing operations was INR 7.31 compared to INR 5.61 a year ago. Diluted earnings per share from continuing operations was INR 7.31 compared to INR 5.6 a year ago.
For the six months, sales was INR 15,352.1 million compared to INR 9,900.7 million a year ago. Revenue was INR 15,483.3 million compared to INR 9,974.8 million a year ago. Net income was INR 1,592 million compared to INR 620.2 million a year ago. Basic earnings per share from continuing operations was INR 10.02 compared to INR 3.9 a year ago. Diluted earnings per share from continuing operations was INR 10 compared to INR 3.9 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.