Cera Sanitaryware Q3 net up 50.18% at Rs 16.16 crore

Cera Sanitaryware Ltd today reported a 50.18 per cent jump in standalone net profit at Rs 16.16 crore during the quarter ended December 2014 on the back of higher sales.
The company had posted net profit of Rs 10.76 crore in the same period of last fiscal.
During the third quarter ended December 2014, the company's net sales stood at Rs 209.29 crore, up 30.69 per cent as against Rs 160.14 crore in the same period last year, company said in a BSE filing.
Overall expenses during the quarter under review were at Rs 183.82 crore, an increase of 28.55 per cent compared with Rs 142.99 crore in the corresponding quarter of 2013-14.

Shares of Cera Sanitaryware were trading at Rs 2,280.50 apiece, up 6.67 per cent from its previous close on the BSE.