Kajaria Ceramics Ltd News
Nifty guide, June 11: Outlook remains bullish; top breakout stocks in focus
Nifty key levels: Positional trend remains bullish with support seen in the band of 24,900-25,000. The 25,200 level could offer resistance
 "Nifty guide, June 11: Outlook remains bullish; top breakout stocks in focus")
Kajaria Ceramics exits from plywood business due to continued losses
Kajaria Ceramics, a leading manufacturer of ceramic and vitrified tiles, said it has exited its loss-making plywood business. The board of the company on Tuesday "approved to discontinue the operations of Kajaria Plywood, wholly owned subsidiary due to lack of strategic fit & continued losses", Kajaria Ceramics informed the bourses. The company has fully impaired its investment and loan to Kajaria Plywood, amounting to Rs 112.38 crore, and expects to close the plywood business by June 30, 2025. Kajaria Ceramics, on Tuesday, declared its results for the March quarter, in which its consolidated profit declined 58.6 per cent to Rs 43.18 crore, due to settlement with JV partners and vendors of the plywood business. It was at Rs 104.27 crore in the January-March period a year ago. "Profit after tax for Q4FY25 was Rs 43 crore as compared to Rs 102 crore in Q4FY24, mainly due to additional provision in plywood division for settlement with JV partners and vendors," said its Chairman Ashok
 "Kajaria Ceramics exits from plywood business due to continued losses")
Cera Sanitaryware, Kajaria, Somany hit 52-week lows on sluggish demand
Shares of Somany Ceramics, Kajaria Ceramics and Cera Sanitaryware have underperformed the market by falling over 20 per cent thus far in 2025, as against a 3.6 per cent decline in BSE Sensex.
 "Cera Sanitaryware, Kajaria, Somany hit 52-week lows on sluggish demand")
Kajaria Ceramics Q3FY25 results: Net profit falls 25% to Rs 77.74 crore
The company's consolidated net profit dropped more than 25 per cent to Rs 77.74 crore (nearly $9 million) in the quarter, falling short of analysts' average estimate of Rs 106 crore
 "Kajaria Ceramics Q3FY25 results: Net profit falls 25% to Rs 77.74 crore")
