Somany Ceramics Limited Reports Earnings Results for the First Quarter Ended June 30, 2023
August 10, 2023 at 03:59 pm IST
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Somany Ceramics Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 5,841.1 million compared to INR 5,552.8 million a year ago. Revenue was INR 5,889 million compared to INR 5,631 million a year ago.
Net income was INR 145.7 million compared to INR 205.4 million a year ago. Basic earnings per share from continuing operations was INR 3.43 compared to INR 4.84 a year ago. Diluted earnings per share from continuing operations was INR 3.42 compared to INR 4.84 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.