Somany Ceramics Limited Announces Standalone Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 24, 2017 at 03:47 am
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Somany Ceramics Limited announced standalone unaudited earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's total income from operations were INR 4,387.3 million compared with INR 4,319.9 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 323.1 million compared with INR 243.9 million a year ago. Profit from ordinary activities before tax was INR 315.2 million compared with INR 213.2 million a year ago. Profit from ordinary activities after tax was INR 201.8 million or INR 4.76 per basic and diluted earnings per share before and after extraordinary items compared with INR 138.6 million or INR 3.53 per basic and diluted earnings per share before and after extraordinary items a year ago. EBITDA was INR 425.3 million compared to INR 311.0 million a year ago.
For the nine months, the company's total income from operations were INR 13,383.0 million compared with INR 12,638.6 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 951.2 million compared with INR 666.7 million a year ago. Profit from ordinary activities before tax was INR 940.3 million compared with INR 538.5 million a year ago. Profit from ordinary activities after tax was INR 610.9 million or INR 14.41 per basic and diluted earnings per share before and after extraordinary items compared with INR 350.0 million or INR 8.98 per basic and diluted earnings per share before and after extraordinary items a year ago. EBITDA was INR 1,247.4 million compared to INR 859.8 million 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.