Kajaria Ceramics Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 21, 2021 at 08:18 am
Share
Kajaria Ceramics Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 8,447.7 million compared to INR 7,464.3 million a year ago. Net income was INR 1,189.4 million compared to INR 615.4 million a year ago. Basic earnings per share from continuing operations was INR 7.48 compared to INR 3.87 a year ago. For the nine months, total revenue was INR 18,422.5 million compared to INR 21,732 million a year ago. Net income was INR 1,809.6 million compared to INR 2,057.4 million a year ago. Basic earnings per share from continuing operations was INR 11.38 compared to INR 12.94 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.