Somany Ceramics Limited Announces Standalone Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 30, 2018 at 08:24 am
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Somany Ceramics Limited announced standalone unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company's total income was INR 3,904.7 million compared with INR 4,313.6 million a year ago. Profit before exceptional items and tax was INR 221.7 million compared with INR 315.5 million a year ago. Profit before tax was INR 221.7 million compared with INR 315.5 million a year ago. Net profit was INR 143.3 million or INR 3.38 per basic and diluted earnings per share compared with INR 202.0 million or INR 4.76 per basic and diluted earnings per share a year ago.
For the nine months, the company's total income was INR 11,803.7 million compared with INR 13,287.0 million a year ago. Profit before exceptional items and tax was INR 667.0 million compared with INR 959.6 million a year ago. Profit before tax was INR 642.4 million compared with INR 959.6 million a year ago. Net profit was INR 415.9 million or INR 9.81 per basic and diluted earnings per share compared with INR 623.6 million or INR 14.71 per basic and diluted earnings per share 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.