Cera Sanitaryware Consol PAT Rises 19.41% in Q4 FY24, BoD Recommends Final Dividend

Cera Sanitaryware on Monday, reported its earnings for the quarter ended March 2024. The company’s 

consolidated net profit for the fourth quarter financial year 2023-24 stood at 74.93 crore rupees surging 19.41% against 62.75  crore rupees in the Jan-Mar quarter 2023.

Key Takeaways from Cera Sanitaryware’s Performance: 

• Q4 FY24 consolidated net profit rose 19.41% to 74.93 crore rupees.
• A mere 2.47% rise in revenue to 548.80 crore rupees in Q4 FY24.
• Directors recommended a final dividend of Rs 60 per share.

Cera’s revenue from operations witnessed a mere rise of 2.47% to 548.80 crore rupees in the quarter ending March 2024 against 535.58 crore rupees during the previous quarter ended March 2023.

Further, the company’s net profit for the full year rose 14.14 % to 239 crore rupees in the year ending March 2024 compared to 209.40 crore rupees during the corresponding year ending March 2023. Sequentially, sales rose 3.81% to 1,879.41 crore rupees in the year FY24 against 1810.49 crore rupees during the previous year ended March 2023.

The company announced that the Board of Directors at its meeting, recommended a final dividend of Rs 60 per share. 

About Cera Sanitaryware:

Cera Sanitaryware is a leading Indian brand known for its commitment to innovation and customer satisfaction. It has a wide range of sanitaryware that includes aesthetically pleasing designs catering to various tastes and preferences. The products of the company are renowned for their durability and superior performance.

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