Cera Sanitaryware posts 30% rise in net profit for FY15

Company also achieves a 24% topline growth for the fiscal 2014-15 on a net sales income of Rs 822 cr

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.

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.