Kajaria Ceramics notes 3% jump in net profit to Rs 124.73 cr in Q3
Company News

Kajaria Ceramics notes 3% jump in net profit to Rs 124.73 cr in Q3

Tiles manufacturing company Kajaria Ceramics Limited has reported a 3% increase in consolidated net profit for the third quarter ended December 31, to Rs 124.73 crore.

Kajaria Ceramics Limited said that in a regulatory filing it made a consolidated net profit of Rs 121.03 crore in the same quarter the previous year.

During the quarter under review, the consolidated income from operations was Rs 1,068.23 crore, up from Rs 838.32 crore the previous quarter.

According to the company, total expenses for the quarter were Rs 915.47 crore, up from Rs 686.72 crore a year before.

According to Kajaria Ceramics Limited Chairman and Managing Director Ashok Kajaria, a spike in gas costs during the quarter hurt Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) margins, which fell by 447 basis points.

Kajaria Ceramics recently announced that its board of directors has approved investments of up to Rs 210 crore in Kajaria Ultima Pvt Limited (KUPL) to turn it into a wholly-owned subsidiary and build a slab manufacturing factory in Gujarat with a production capacity of 5 million sq m per year.

Kajaria Ceramics is India's largest ceramic or vitrified tiles maker. It has an annual aggregate capacity of 70.40 million sq m, split over eight plants in Uttar Pradesh, Rajasthan, Andhra Pradesh, and Gujarat.

Kajaria's production facilities are outfitted with cutting-edge technology. Intense automation, robotic automobile applications, and a zero likelihood of human error are just a few of the reasons Kajaria is the market leader.

Image Source

Also read: Morbi ceramic factories likely to shut down due to rising costs

Tiles manufacturing company Kajaria Ceramics Limited has reported a 3% increase in consolidated net profit for the third quarter ended December 31, to Rs 124.73 crore. Kajaria Ceramics Limited said that in a regulatory filing it made a consolidated net profit of Rs 121.03 crore in the same quarter the previous year. During the quarter under review, the consolidated income from operations was Rs 1,068.23 crore, up from Rs 838.32 crore the previous quarter. According to the company, total expenses for the quarter were Rs 915.47 crore, up from Rs 686.72 crore a year before. According to Kajaria Ceramics Limited Chairman and Managing Director Ashok Kajaria, a spike in gas costs during the quarter hurt Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) margins, which fell by 447 basis points. Kajaria Ceramics recently announced that its board of directors has approved investments of up to Rs 210 crore in Kajaria Ultima Pvt Limited (KUPL) to turn it into a wholly-owned subsidiary and build a slab manufacturing factory in Gujarat with a production capacity of 5 million sq m per year. Kajaria Ceramics is India's largest ceramic or vitrified tiles maker. It has an annual aggregate capacity of 70.40 million sq m, split over eight plants in Uttar Pradesh, Rajasthan, Andhra Pradesh, and Gujarat. Kajaria's production facilities are outfitted with cutting-edge technology. Intense automation, robotic automobile applications, and a zero likelihood of human error are just a few of the reasons Kajaria is the market leader. Image Source Also read: Morbi ceramic factories likely to shut down due to rising costs

Next Story
Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000