Furniture, Furnishing & Paints company Kajaria Ceramics announced Q2FY25 results Volume: 21.92 MSM compared to Q2FY24 20.01 MSM change 10% YoY. Sales: 28.70 MSM compared to Q2FY24 26.47 MSM change 8.5% YoY. Revenue Growth: Rs 1179.27 core compared to Q2FY24 Rs 1121.62 crore change 5% YoY. PBT: Rs 123.46 crore compared to Q2FY24 Rs 147.65 change -16% YoY. PAT: Rs 84.27 crore compared to Q2FY24 Rs 107.96 change -16% YoY. EBITDA: 15%. Chairman of the company said: Despite the sustained softness in domestic demand, our tile volumes in Q2FY25 grew by 8.5% YoY to 28.70 MSM. EBITDA margins remained soft at 13.5% for the quarter driven by muted margins reported by the bathware division which was largely attributable to losses incurred in the recently commissioned sanitaryware unit in Morbi and additional overheads incurred by Keronite unit in the tiles division which commenced operations during the quarter. PAT for the quarter de-grew by 22% to Rs 84 crore in Q2FY25 as compared to Rs 108 crore in Q2FY24. We continue to maintain a positive demand outlook for the tile industry. With the rub-off of strong real estate demand likely to drive improvement in off-take for tiles in H2FY25, we expect the tiles industry to fare much better than it did in H1FY25. Result PDF