Kajaria Ceramics Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
February 10, 2020 at 04:07 am EST
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Kajaria Ceramics Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 7,464.3 million compared to INR 7,630.9 million a year ago. Net income was INR 615.4 million compared to INR 648 million a year ago. Basic earnings per share was INR 3.87 compared to INR 4.08 a year ago. Diluted earnings per share was INR 3.87 compared to INR 4.07 a year ago. For the nine months, total revenue was INR 21,732 million compared to INR 21,523.9 million a year ago. Net income was INR 2,057.4 million compared to INR 1,605.7 million a year ago. Basic earnings per share was INR 12.94 compared to INR 10.1 a year ago. Diluted earnings per share was INR 12.94 compared to INR 10.08 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.
KAJARIA CERAMICS LIMITED 
