Page 2 - Ceramic Tiles

Somany Ceramics surges 12%, hits 52-week high on strong Q4 results

The revenues during the quarter under review grew 58.8 per cent year-on-year (YoY) to Rs 562 crore from Rs 354 crore on the back of strong volumes

Natural gas under GST regime likely to benefit tile manufacturers

Cheaper gas prices to reduce power & fuel cost and propel margins, say analysts

Kajaria Ceramics gains 7%, hits record high on strong Q3 operating margin

The company said its operating margins have touched a new high of 21.68 per cent in the October-December quarter

Tide may be turning for Indian tile makers on improved demand outlook

The Indian tile industry is estimated to be worth nearly Rs 39,000 crore per year

Varmora to invest Rs 300 crore in two greenfield tile plants in Gujarat

Capacity pegged at 35,000 sq m a day, commissioning likely by April next, with direct and indirect job potential of 1,200

Tile players' turnover likely to decline 15-25% in FY21, says ICRA

The Covid-19 pandemic has exacerbated weakness in the domestic tile demand, following the negative impact on its end-consumer industry, the real estate sector, ratings agency ICRA said on Monday

New registration norms by Saudi add to Morbi tile cluster's woes

The Saudi Arabian government has changed technical requirements for suppliers of ceramic tiles, forcing the units in Morbi to apply for certification for valid exports

Crisil SME Tracker: Ceramic tile makers may face double whammy

NGT order is expected to reduce the exports of SME tile manufacturers, leading to a fall in sales volume by two to four per cent in the current fiscal