Cera Sanitaryware reported a mixed set of numbers for the December quarter, with profitability coming under sharp pressure even as topline growth remained steady.
Net profit for Q3 declined sharply by 48.7% year-on-year to ₹23.6 crore, compared with ₹49 crore in the corresponding quarter last year. The steep fall in profit was largely driven by margin compression and higher operating costs.
On the revenue front, the company delivered a healthy performance. Revenue rose 11% year-on-year to ₹499 crore from ₹449.3 crore, reflecting steady demand across product segments and continued traction in the housing and infrastructure-linked markets.
However, operating performance weakened during the quarter. EBITDA fell 14% year-on-year to ₹51 crore, down from ₹59.4 crore in the same period last year. As a result, EBITDA margin contracted significantly to 10.2% from 13.2% on a year-on-year basis, indicating pressure from elevated input costs, higher expenses, and pricing challenges.
