Orient Bell has reported results for first quarter ended June 30, 2017.
The company has reported over 21 fold rise in its net profit at Rs 23.77 crore for the quarter under review as compared to Rs 1.09 crore for the same quarter in the previous year. However, total income of the company decreased by 3.66% at Rs 143.11 crore for Q1FY18 as compared to Rs 148.55 crore for the corresponding quarter previous year.
Orient Bell, formerly Orient Ceramics and Industries, is engages in the manufacture and marketing of ceramic and vitrified tiles. It provides non-vitrified, vitrified, ultra vitrified, and fired decorative tiles for walls, floors, and facades; and imports and markets vitrified porcelain tiles, borders, motifs, and other value added accessories.
