Somany Ceramics Q2 net doubles to Rs 23 cr

Income from operations up 11% to Rs 464 cr

Better times ahead for Kajaria, Somany
Press Trust of India New Delhi
Last Updated : Oct 26 2016 | 3:27 PM IST
Somany Ceramics today reported over two-fold increase in standalone net profit at Rs 23.01 crore for the second quarter ended September.

The company had posted a net profit of Rs 10.65 crore in the same period last fiscal, Somany Ceramics said in a BSE filing.

Income from operations during the quarter under review stood at Rs 464.6 crore as against Rs 419.48 crore in the year-ago period, up 10.75 per cent.

Also Read

Total expenses during quarter were higher at Rs 432.56 crore compared with Rs 398.67 crore in the same period last fiscal, the company added.

The stock of Somany Ceramics was trading 2.34 per cent higher at Rs 660 in the afternoon trade on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2016 | 2:22 PM IST

Next Story