Maintaining its growth in sales and profit, Cera Sanitaryware has achieved 14.50% rise in top line and a 7.17% increase in net-profit in the first quarter of the current fiscal ended on June 30, 2018.
However, comparable growth in Revenue-net of GST for the current quarter and net of Excise Duty for same quarter of previous year is 19.67%.
According to unaudited financial results for Q1 released by the company after a meeting of the company's board, CERA has recorded a net sales income of Rs. 280.70 crores in April-June this year compared to Rs. 245.15 crores in Q1 during 2017-18.
The net profit for Q1 has totalled Rs.20.26 crores as against Rs.18.90 crores in April-June 2017-18.
CERA has recorded EBIDTA of Rs. 37.22 crores in April-June this year compared to Rs.35.58 crores in Q1 during 2017-18.
The earnings per share (basic and diluted) during April-June, 2018-19 are worked out at Rs.15.77 compared to Rs. 14.83 for April-June 2017-18.
Shares of CERA SANITARYWARE LTD. was last trading in BSE at Rs.2933.45 as compared to the previous close of Rs. 3053.9. The total number of shares traded during the day was 2964 in over 482 trades.
The stock hit an intraday high of Rs. 3130 and intraday low of 2900. The net turnover during the day was Rs. 8955365.