Somany Ceramics Limited Announces Standalone Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 25, 2016 at 02:44 pm IST
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Somany Ceramics Limited announced standalone unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company's net sales were INR 4,130.8 million compared with INR 3,732.6 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 243.9 million compared with INR 187.9 million a year ago. Profit from ordinary activities before tax was INR 213.2 million compared with INR 170.1 million a year ago. Profit from ordinary activities after tax was INR 138.6 million or INR 3.53 per basic and diluted earnings per share before and after extraordinary items compared with INR 110.2 million or INR 2.84 per basic and diluted earnings per share before and after extraordinary items a year ago.
For the nine months, the company's net sales were INR 12,078.7 million compared with INR 10,756.5 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 666.7 million compared with INR 519.4 million a year ago. Profit from ordinary activities before tax was INR 538.5 million compared with INR 455.7 million a year ago. Profit from ordinary activities after tax was INR 350.0 million or INR 8.98 per basic and diluted earnings per share before and after extraordinary items compared with INR 295.9 million or INR 7.62 per basic and diluted earnings per share before and after extraordinary items 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.