Somany Ceramics Limited Announces Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2021
June 16, 2021 at 11:36 am
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Somany Ceramics Limited announced audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2021. For the quarter, on standalone basis, the company announced total income of INR 5,595.3 million compared to INR 3,565.4 million a year ago. Net income was INR 272 million compared to loss of INR 898 million a year ago. Basic earnings per share was INR 6.42 compared to basic loss per share of INR 2.12 a year ago.
For the year, on standalone basis, the company announced total income of INR 16,453.3 million compared to INR 16,123.5 million a year ago. Net income was INR 559 million compared to INR 132.6 million a year ago. Basic earnings per share was INR 13.19 compared to INR 3.13 a year ago.
For the quarter, on consolidated basis, the company announced total income of INR 5,682 million compared to INR 3,590.5 million a year ago. Net income was INR 309.7 million compared to net loss of INR 93.2 million a year ago. Basic earnings per share was INR 7.31 compared to basic loss per share of INR 2.2 a year ago.
For the year, on consolidated basis, the company announced total income of INR 16,632.4 million compared to INR 16,228.1 million a year ago. Net income was INR 577 million compared to INR 150 million a year ago. Basic earnings per share was INR 13.62 compared to INR 3.54 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.