Cera Sanitaryware Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Cera Sanitaryware Ltd reported a 9.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 2.0%.
- Its expenses for the quarter were down by 7.1% QoQ and up 3.7% YoY.
- The net profit decreased 32.4% QoQ and decreased 10.0% YoY.
- The earnings per share (EPS) of Cera Sanitaryware Ltd stood at 35.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 464.05 | 510.32 | 454.89 | -9.1% | 2.0% |
Total Expenses | 403.06 | 433.79 | 388.71 | -7.1% | 3.7% |
Profit Before Tax | 60.98 | 76.52 | 66.19 | -20.3% | -7.9% |
Tax | 14.62 | 7.91 | 14.66 | 84.8% | -0.3% |
Profit After Tax | 46.36 | 68.61 | 51.52 | -32.4% | -10.0% |
Earnings Per Share | 35.50 | 52.40 | 39.10 | -32.3% | -9.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Cera Sanitaryware Ltd is a prominent player in the sanitaryware industry, a sector that manufactures and supplies a wide range of bathroom and sanitary products. The company is known for its comprehensive portfolio of products, which includes faucets, tiles, and bathroom accessories. It operates primarily in the Indian market, catering to both residential and commercial segments. Recent developments in the industry may include evolving consumer preferences towards modern bathroom solutions and sustainability, although specific recent developments for Cera Sanitaryware Ltd are not available from the data provided.
Revenue
In the quarter ending Q3FY25, Cera Sanitaryware Ltd reported a total income of ₹464.05 crores. This reflects a decrease of 9.1% from the previous quarter (Q2FY25), where the company recorded a total income of ₹510.32 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), the total income increased by 2.0% from ₹454.89 crores. This data suggests fluctuations in revenue on a quarterly basis while showing an upward trend in year-over-year performance.
Profitability
The company's profitability metrics indicate a decrease in performance over the quarter. The profit before tax (PBT) for Q3FY25 was ₹60.98 crores, which marks a 20.3% decrease from the previous quarter, where the PBT was ₹76.52 crores. Compared to the same quarter last year (Q3FY24), the PBT decreased by 7.9% from ₹66.19 crores. The profit after tax (PAT) for Q3FY25 was ₹46.36 crores, a significant decline of 32.4% from the prior quarter's ₹68.61 crores. Year-over-year, the PAT dropped by 10.0% from ₹51.52 crores. These figures demonstrate a reduction in profitability both on a quarterly and yearly basis. The earnings per share (EPS) followed a similar trend, decreasing to ₹35.50 from ₹52.40 in the previous quarter and from ₹39.10 in the same quarter last year.
Operating Metrics
Cera Sanitaryware Ltd's total expenses for Q3FY25 amounted to ₹403.06 crores, showing a 7.1% decrease from Q2FY25, where expenses were ₹433.79 crores. When compared to Q3FY24, there was a year-over-year increase of 3.7% from ₹388.71 crores. The tax expense for the current quarter is ₹14.62 crores, which represents a substantial increase of 84.8% from the previous quarter's ₹7.91 crores, while remaining nearly stable compared to the previous year's same quarter at ₹14.66 crores. These operating metrics reveal a cost structure that has experienced reductions on a quarterly basis but has increased slightly on a yearly basis.
