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Cera Sanitaryware : Q4FY17 Results

Cera Sanitaryware Ltd. reported its results for the quarter ended March 31, 2017 today. 

The company's total sales for Q4FY17 came in at Rs. 311.24 crore, which represents a 32.36 per cent sequential increase and 12.84 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs. 45.84 crore and its EBIT margin stood at 14.73 per cent.

The company reported PAT of Rs 32.3 crore, which represents a sequential QoQ increase of 43.68 per cent and a YoY increase of 8.39 per cent.

The company's stock opened for trading at Rs 3097.4 on the BSE and fell 1.3 per cent after the results were declared. It closed at Rs. 3013.90 for the day.

Cera Sanitaryware Limited is an India-based sanitaryware production company. The company is engaged in business of manufacturing and selling sanitaryware products. The company also trades in bathroom accessories. Its products include ceramic sinks, wash basins, wash basin pedestals, baths, bidets, water closet pans, flushing cisterns, urinals, seat covers, kitchen sinks, WCs, shower panels and cubicles, bath tubs, shower temples, whirlpools, CP fittings, taps, accessories and sanitary fixtures.

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