Somany Ceramics Delivers 39% Profit Surge in Q4, Shares Jump 20% on Strong Results

Somany Ceramics Ltd., one of the well-known players in the tiles and ceramics sector, put up a good show for the March quarter, pushing its shares 20% higher on the NSE. The company posted a consolidated net profit of ₹213.4 million, an impressive 39% year-on-year increase, despite being weighed down by factors such as lower exports and dampened domestic demand.

 

Main Points:

Somany Ceramics' Q4 performance reflects its capability to deliver growth and reward shareholders, even in a tough and competitive scenario.

 

Source: Upstox, BlinkX, INDmoney