Cera Sanitaryware Limited witnessed a 3% dip in its share price after announcing its Q3 FY25 results. As of 12:31 PM, the shares were trading 3.84% lower at Rs 6,337.95.
The company’s total income rose to ₹464.04 crore, up from ₹454.89 crore in the same quarter last year, driven by consistent demand across product categories.
However, rising expenses impacted profitability. Total expenses increased to ₹400.36 crore from ₹388.70 crore YoY, primarily due to higher raw material and employee costs. Despite this, profit before tax (PBT) stood at ₹60.98 crore, slightly lower than ₹66.18 crore in Q3 FY24. The higher tax outgo resulted in a net profit of ₹46.36 crore, down 10.68% from ₹51.95 crore YoY.
Revenue from operations saw a steady 3.04% YoY growth, reaching ₹452.33 crore, reflecting strong sales in core sanitaryware and newly launched product lines. Additionally, comprehensive income for the quarter totaled ₹46.17 crore, showcasing resilience despite inflationary pressures.
For the nine months ending December 2024, Cera reported total income of ₹1,390.08 crore, up from ₹1,374.39 crore in the previous year. The net profit for this period stood at ₹162.47 crore, indicating operational efficiency amidst macroeconomic challenges.
Cera Sanitaryware shares opened at ₹6,592, reaching a high of ₹6,699 and a low of ₹6,300. The stock remains volatile, nearing its 52-week low of ₹6,105, while its peak was ₹10,789.95.
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