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Kajaria Ceramics Posts 47 Per Cent Rise in Q2 Profit

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New Delhi: Kajaria Ceramics on Monday reported a 47.65 per cent jump in consolidated net profit at Rs 39.75 crore for the quarter ended September 2014.

The company had posted a consolidated net profit of Rs 26.92 crore for the corresponding quarter a year ago.

Net sales during the quarter under review rose to Rs 537.70 crore, up 16.05 per cent as against Rs 463.32 crore registered in July-September 2013, the company said in a filing to the BSE.

Overall expenses stood at Rs 473.38 crore - an increase of 15.53 per cent from Rs 409.72 crore in the same period a year ago.

For the half year ended September 2014, Kajaria reported a net profit of Rs 78.33 crore as against Rs 52.72 crore in the same period last year.

Net sales of the company in the half-year period ended stood at Rs 1040.63 crore as compared to Rs 887.44 crore a year ago.

As of 2:48 p.m., shares in Kajaria Ceramics were trading at Rs 629.55 apiece on the BSE, down 0.61 per cent from the previous close.



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