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Somany Ceramics reports 4% fall in Q4 net profit

The company has reported a fall of 4.07% in its net profit at Rs 25 crore for the quarter ended March 31, 2017 as compared to Rs 26.06 crore for the same quarter in the previous year. However, total income of the company increased by 8.09% at Rs 563.26 crore for quarter under review as compared to Rs 521.09 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a jump of 41% in its net profit at Rs 86.09 crore as compared to Rs 61.06 crore in FY16. Total income of the company increased by 6.65% at Rs 1855.69 crore for year under review as compared to Rs 1739.91 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 43.85% in its net profit after tax, minority interest and share of profit of associates at Rs 93.07 crore as compared to Rs 64.70 crore in FY16. Total income of company increased by 6.13% at Rs 1826.11 crore for year under review as compared to Rs 1720.67 crore for the year ended March 31, 2016.

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