Cera Growth Streak Continues With 3.74% Net-Profit Growth in Q2FY19
Deepthi | Myequity news | Date : 01-11-2018 20:00:00 IST
Cera Sanitaryware Limited (CERA) has achieved 11.92% growth in top-line and a 3.74% growth in net-profit for the second quarter ended on 30th Sept 2018 of the current financial year 2018-19. Comparable growth in revenue net of GST for the current first-half and net of Excise Duty & GST for same first-half of previous year is 15.35%
The company in its meeting of the board of directors, after considering applicability of Ind-AS, has declared unaudited financial results of Q II of FY 2018-19 with (a) Net sales income of Rs.330.98 Crs. during Q II of the current FY 2018-19 as against Rs.295.72 Crs. during corresponding Q II of the previous year 2017-18. (b) The profit after tax of Rs.27.89 Crs. of the current FY 2018-19 as against Rs.26.89 Crs. during corresponding Q II of the previous year 2017-18.
The Basic and annualized earnings per share (basic and diluted) during July- September 2018-19 are Rs.21.64 & Rs.86.56 compared to Rs. 20.97 & Rs.83.87 for July-September of 2017-18 respectively.