Kajaria Ceramics Limited Reports unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2017
August 09, 2017
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Kajaria Ceramics Limited reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, on standalone basis, the company reported total income of INR 6,743.2 million against INR 6,457.3 million a year ago. Profit before tax from continuing operations before exceptional items was INR 836.6 million against INR 988.1 million a year ago. Profit from continuing operations was INR 521.4 million or INR 3.24 diluted per share against INR 654.4 million or INR 4.11 diluted per share a year ago.
For the quarter, on consolidated basis, the company reported total income of INR 7,029.2 million against INR 6,689.2 million a year ago. Profit before tax from continuing operations before exceptional items was INR 774.7 million against INR 996.3 million a year ago. Profit from continuing operations was INR 489.1 million or INR 3.17 diluted per share against INR 645.8 million or INR 3.97 diluted per share 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.