Press release from Business Wire India
Source: Kajaria Ceramics Ltd
Monday, July 20, 2009 03:20 PM IST (09:50 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Construction, Financial Analyst, Stock exchanges
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Kajaria Ceramics Limited - Summary of Financial Performance for Q1 FY 2009-2010
Kajaria Ceramics Limited, India's Leading Tile Maker Announced its Results for Quarter Ending June 2009
New Delhi, Delhi, India, Monday, July 20, 2009 -- (Business Wire India) -- The Company has reported a turnover of Rs 159.88 crore as on 30th June 09 as against Rs 166.02 crore in the corresponding previous quarter. The EBIDTA for the quarter ended 30th June 09 increased to Rs 18.98 crore as against 13.45 crore in the corresponding previous quarter. The net profit has also grown at Rs 6.04 crore as against Rs 2.32 crore in the corresponding previous quarter.
The Company is setting up a plant to manufacture 2.5 million Sq Mtr vitrified tiles at its existing location at Sikandrabad (U P) with a project cost of Rs 35 crore.
Commenting on the performance for the period ended June 2009, Mr. Ashok Kajaria Chairman, Kajaria Ceramics Limited, said:
"We have successfully met up the challenges thrown by the changing economic environment & continually evolving market conditions.
We would further consolidate our market position and work towards further improving the overall efficiencies for higher productivity and margins."
About Kajaria Ceramics Limited:
Kajaria Ceramics is the largest manufacturer of ceramics tiles in India. It has an annual capacity of 21 mn. Sq. mtr. distributed across two plants - Sikandrabad in Uttar Pradesh and Gailpur in Rajasthan. The company has received the ISO 9001 (for quality management), ISO 14001 (environment management), OHSAS 18001 (for safety and health management) and SA-8000 (for commitment to society) certifications across its plant.
CONTACT DETAILS
Vikas Mahajan, Mutual PR, +91 9953619912, vikas@mutualpr.com
KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, CONSTRUCTION, Financial Analyst, STOCK EXCHANGES
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