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Cera Sanitaryware posts 30% rise in net profit for FY15

BS Reporter / Ahmedabad 23 Apr 15 | 08:56 PM

Ahmedabad-based Cera Sanitaryware Limited has registered a 30.34 per cent rise in its net profit for the year ended March 31, 2015. The company saw its net profit rise to Rs 67.66 crore in financial year 2014-15 from Rs 51.91 crore during 2013-14.

The company also achieved a 23.8 per cent topline growth for the fiscal 2014-15 on a net sales income of Rs 821.67 crore compared to Rs 663.69 crore in the previous fiscal year ended March 31 2014.

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On the back of healthy results, the company has also declared a dividend of 125 per cent. On quarterly basis, Cera achieved net sales earnings of Rs 250.44 crore in the fourth quarter (January-March) 2015 compared to Rs 218.19 crore in the last quarter of previous fiscal. The net profit for Q4 was Rs 22.12 crore as against Rs 19.34 crore during January-March 2014. Meanwhile, the earnings per share stood at Rs 53.36 compared to Rs 41.02 during 2013-14.

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