Kajaria Ceramics (KJC) and Somany Ceramics (SOMC) have reported volume growth of 7.2% YoY and 8.1% YoY in Q1FY24 as tile revenues grew 5.4% and 5.8% YoY, respectively, due to modest demand. Consolidated EBITDA margin for KJC/SOMC was up 67bps/59bps YoY due to lower RM cost (including gas cost).