Kajaria Ceramics Ltd on Tuesday reported a decline of 25.87 per cent in consolidated net profit at Rs 97.23 crore for the fourth quarter ended March.
The company had posted a net profit of Rs 131.17 crore in the year-ago period, Kajaria Ceramics said in a BSE filing.
However, its revenue from operations was up 15.66 per cent at Rs 1,101.75 crore during the quarter under review as against Rs 952.51 crore in the corresponding period of the previous fiscal.
Kajaria Ceramics’ total expenses were at Rs 972.41 crore, up 22.97 per cent in Q4/FY 2021-22 as against Rs 790.75 crore in the same period a year ago.
During the quarter, its revenue from tiles was at Rs 999.85 crore and Rs 101.90 crore from others, which includes bathware, sanitaryware and plywood business.
For the fiscal year ended March 2022, Kajaria Ceramics’ consolidated net profit was up 23.90 per cent at Rs 382.74 crore. It had reported a net profit of Rs 308.90 crore in 2020-21.
Its revenue from operations was at Rs 3,705.19 crore in 2021-22. This was 33.23 per cent higher than Rs 2,780.90 crore in the year-ago period.
Shares of Kajaria Ceramics on Tuesday closed marginally lower at Rs 940 apiece. PTI KRH KRH AJ AJ
To stay updated with the Latest Stock Market news, download our app here!
For editorial purposes, contact email@example.com
Disclaimer: The Stocks mentioned on this website or any segment are not recommendations. Tradebrains.in advises users to check with certified experts before taking any investment decisions.