Kajaria Ceramics Quarter 2 Result Posted a Profit of Rs 89.64 Crore in Q2FY21. Kajaria Ceramics has declared its 2nd Quarter unaudited consolidated Financial report for the last quarter from July- September 2020.
Kajaria Ceramics Quarter 2 Result Updates Financial Details (Q2FY21)
The Shares of Somany Ceramic and Kajaria Ceramics on Tuesday, 20 October 2020 have risen due to the strong performance in the last July- September quarter (Q2FY21).
In the past three days, the share of Kajaria Ceramics is 9 % up.
The Board of Directors has approved the unaudited Financial result on 20 Oct. 20 for the quarter ended September 2020.
Revenue Reported by KCL in Quarter 2, 2020 – 717.30 Cr
Previous Quarter, 1 – April- June 2020 – 280.18 Cr
Corresponding Quarter July- September 2019 – 721.50 Cr
The Net Profit margins are 12.58 % for the Q2 FY21.
The Main Revenue is from the Tiles segment which is Rs 650.98 Cr for the last Q2 July- September 2020. The other business segments are bath-ware, sanitary ware, and plywood.
Its revenue and profits have been reached to the Pre-Covid Levels. The Operating Profit is 48 % up at Rs 117 Cr in September 2020.
The net profits for the last quarter Q2 were marginally lower at Rs 89.64 Cr which was 3. % Less.
Quarter, 2 – July September 2020 Revenue Growth
- Kajaria Own Manufacturing Tiles – 397.73 Cr
- Subsidiaries tiles – 143.65 Cr
- Outsourcing Tiles – 123.76 Cr
- Sanitary Ware / Faucets – 42.55 Cr
- Plywood – 6.99 Cr
- Total 714.68 Cr
Construction Activity has been increased for the last 3 months.
Gas price reduction by the Government.
Demand in the construction buildings and offices.
Cost cut steps taken by the company.
Proper Management and supply of Ceramic tiles.
Kajaria Ceramics Share Price
The Share price of Kajaria Ceramics is Rs 572.65 as of October 20, 2020, on NSE. The Market Cap is 9097.12 Crore.
During the last 5 months after lockdown, there is a rise in demand for ceramic tiles, Wall Tiles, Glazed Vitrified Tiles, Double charge tiles, Sanitary ware, and Floor tiles. The demand has risen in the Domestic market as well as in the International market.
Read More – Morbi Ceramic Industry October Report
About Kajaria Ceramics Limited
Kajaria Ceramic Limited Is the Largest manufacturers of ceramic tiles and Vitrified Tiles in India. It was founded in 1985 and has been established for more than 35 years in the ceramic Industry.
It is the leading manufacturer in the tile market. It has many different manufacturing plants across India.
It has an Annual Production capacity of 73 mn square meters. There are a total of 8 manufacturing plants across Sikandrabad (Uttar Pradesh), galipur and malootana (Rajasthan), Vijayawada, and Srikalahasti (Andhra Pradesh), Morbi 3 plants (Gujarat).
Kajaria Ceramics Limited Companies
- Kajaria Tiles Private Limited
- Kajaria Plywood Private Limited
- Jaxx Vitrified Private Limited
- Cosa Ceramics Private Limited
- Vennar Ceramics Limited
- Kajaria Sanitary ware private Limited
- Kajaria Bath ware Private Limited
To Know More about Visit – Kajaria Ceramics Financial Result Official Website