Cera Sanitaryware has reported results for first quarter ended June 30, 2014.
The company has registered a surge of 21.94% in its net profit at Rs 13.63 crore for the quarter under review as compared to Rs 11.18 crore for the same quarter in the previous year. Total income from operations of the company has increased by 28.24% at Rs 162.33 crore for Q1FY15 as compared Rs 126.58 crore for the corresponding quarter previous year.
Cera Sanitaryware has emerged as the third largest player in the sanitary ware industry in India. The company enjoys 24% market share in the organised segment. It has installed manufacturing capacity of 2.7 mn pieces p.a. in sanitary ware and 2,500 pieces per day in faucet ware in Kadi (Gujarat).
