New Delhi: Kajaria Ceramics today posted a 22.67 per cent rise in its consolidated net profit at Rs 51.66 crore for the fourth quarter ended March 31, 2015.
The company had posted a net profit of Rs 42.11 crore during the same period of the previous fiscal.
Net sales of the company rose to Rs 585.08 crore for the fourth quarter, compared to Rs 521.21 crore in the same period a year ago, Kajaria Ceramics Ltd said in a filing to the BSE.
For the year ended March 31, 2015, the company posted a consolidated net profit of Rs 175.60 crore as compared to Rs 124.22 crore in the previous fiscal.
Net sales of the company rose to Rs 2,174.59 crore for the year ended March 31, as against Rs 1,829.45 crore during the previous year.
The company's board, which met today, recommended 200 per cent dividend at Rs 4 per equity share of Rs 2 each, for the financial year ended March 31, 2015.
Kajaria Ceramics shares were trading at Rs 738.35 apiece on the BSE, up 2.31 per cent from previous close.