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

Updated: May 07, 2025 19:33

Image Source: Adgully.com
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:
  • Strong Profit Expansion: Consolidated net profit during Q4 jumped to ₹213.4 million, 39% higher compared to the prior year's comparable quarter, evidencing the firm's operational toughness and cost containment during trying times.
  • Consistent Revenue Growth: Revenue from operations at the consolidated level reached ₹7.66 billion, indicating an 8.25% rise compared to the prior year, led by a 7% year-on-year expansion of tile volumes as well as an impressive 20% sequential spike.
  • Dividend Reward: The board announced a ₹3 per share final dividend, keeping its record of consistent payouts intact and yielding 1.4% at current prices. The ex-dividend date is August 5, 2024.
  • Market Reaction: Shares jumped 20% after the results, as investors welcomed the profit beat and optimistic outlook despite weak demand in the home improvement market.
  • Operational Highlights: The firm was able to increase volumes despite the overall market experiencing a prolonged slowdown, due to strategic emphasis on product mix and efficiency.
Somany Ceramics' Q4 performance reflects its capability to deliver growth and reward shareholders, even in a tough and competitive scenario.
 
Source: Upstox, BlinkX, INDmoney

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