Cera Sanitaryware declares Q4FY22 result: Q4 FY22 Revenue at Rs. 4,387 million. EBITDA for the quarter amounted to Rs. 883 million. PAT for Q4 of FY22 stood at Rs. 521 million. Commenting on the performance, Mr. Vikram Somany, Chairman & Managing Director, said, The results for the fourth quarter and for FY 22 are reflective of the renewed growth trajectory for Cera Sanitaryware Ltd. Initiatives undertaken in recent months and quarters towards debottlenecking and enhancing shopfloor productivity combined with process efficiencies to raise raw-material-to-end-product yields, have resulted in substantially improved EBITDA, Cash Profit and Profit after Tax for the company. We look forward to embarking on a newer growth dynamic and monetizing opportunities thrown up by increasingly buoyant consumer demand. New product offerings, overall customer ownership experience and customer warranties are enabling gravitation of newer customers towards Cera’s sanitaryware, faucetware and tiles offerings. We are comfortably placed to expand capacity of both the faucetware and sanitarywre businesses which will create headroom for sustained growth in the years ahead. Result PDF
Furniture-Furnishing-Paints company Cera Sanitaryware declares Q3FY22 result: Q3 FY22 Revenue at Rs. 3,870 million EBITDA for the quarter amounted to Rs. 653 million PAT stood at Rs. 423 million Commenting on the performance, Mr. Vikram Somany, Chairman & Managing Director, said, “We are pleased to report a strong performance in the third quarter with PAT and Earnings Per Shares growing 45% on a year?on?year basis. Demand remains buoyant as customers undertake home upgradation and home improvement, given changing needs and trends. The combination of benign interest rates, Government incentives and improving sales velocity has reinvigorated the real estate sector resulting in increased activity. The focus at CERA has been to optimize current manufacturing facilities and the vendor ecosystem to serve this demand. Investments in recent years towards manufacturing plant de-bottlenecking, capacity rightsizing and automation has enabled us to drive efficiencies and manufacture high-value, innovative and complex products at scale. Result PDF