Kajaria Ceramics Q4 Net Profit Rises 28% To Rs 66 Crore

New Delhi: Kajaria Ceramics today posted 27.83 per cent rise in consolidated net profit at Rs 66.04 crore for the fourth quarter ended March 31, 2015-16.

The company had posted a net profit of Rs 51.66 crore during the same period of the previous fiscal.

Net sales of rose to Rs 655.12 crore for the fourth quarter, up 11.94 per cent, as compared to Rs 585.23 crore in the same period a year ago, Kajaria Ceramics Ltd said in a BSE filing.

For the entire 2015-16 fiscal, Kajaria posted consolidated net profit of Rs 229.2 crore as compared to Rs 175.6 crore in the previous fiscal.

Net sales of the company rose to Rs 2,408.81 crore for the fiscal year 2015-16, as against Rs 2,177.51 crore during the previous year.

The company’s board, which met today, recommended dividend of Rs 5 per equity share of Rs 2 each, for the financial year ended March 31, 2016.