Shares of Cera Sanitaryware Limited slipped over 3% in trade after the company reported a mixed set of results for the December quarter, with profitability coming under sharp pressure despite healthy revenue growth.
For Q3, Cera Sanitaryware posted a 48.7% YoY decline in net profit, which came in at ₹23.6 crore, compared with ₹49 crore in the same quarter last year. The sharp fall in the bottom line weighed on investor sentiment and led to selling pressure in the stock.
On the topline front, the company delivered a steady performance. Revenue rose 11% YoY to ₹499 crore, up from ₹449.3 crore in Q3FY25, supported by stable demand across its product portfolio and continued traction in the sanitaryware and allied segments.
However, profitability was hit due to higher costs. EBITDA declined 14% YoY to ₹51 crore, compared with ₹59.4 crore a year ago. As a result, EBITDA margin contracted sharply to 10.2% from 13.2%, indicating margin pressure amid elevated input costs and operating expenses.
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