Q4FY17 Results: Kajaria Ceramics
Amir Shaikh / 15 May 2017
Kajaria Ceramics reported its results for the quarter ended March 31, 2017 on Monday.
Kajaria Ceramics reported its results for the quarter ended March 31, 2017 on Monday.
The company's total sales for Q4FY17 came in at Rs 719.7 crore, which represents 18.9 per cent sequential increase and 9.3 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 109.3 crore and its EBIT margin stood at 15.2 per cent.
The company reported PAT of Rs 72 crore, which represents a sequential QoQ increase of 31.3 per cent and a YoY increase of 4.7 per cent.
The Board of Directors has recommended a final dividend of Rs 3 per equity share on the face value of Rs 1 each for FY16-17.
The stock opened at Rs 686.55 and was trading at Rs 718 intra-day, a gain of 4.36%.
The company is engaged in the manufacture and trading of ceramics, polished and glazed vitrified tiles. It offers products, including ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitaryware and faucets.
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