Somany Ceramics Q1 Results Live : profit falls by 15.72% YOY

Somany Ceramics Q1 Results Live : Somany Ceramics declared their Q1 results on 01 Aug, 2024. The topline decreased by 1.36% & the profit decreased by 15.72% YoY. As compared to the previous quarter the revenue declined by 21.55% and the profit decreased by 60.14%.

The Selling, general & administrative expenses rose by 0.07% q-o-q & increased by 14.14% Y-o-Y.

The operating income was down by 53.04% q-o-q & increased by 9.48% Y-o-Y.

The EPS is ₹2.99 for Q1 which decreased by 33.27% Y-o-Y.

Somany Ceramics has delivered 1.32% return in the last 1 week, 3.38% return in last 6 months and 7.88% YTD return.

Currently the Somany Ceramics has a market cap of ₹3180.45 Cr and 52wk high/low of ₹872.6 & ₹561.2 respectively.

As of 02 Aug, 2024 out of 18 analysts covering the company, 4 analysts have given Buy rating &14 analysts have given Strong Buy rating.

The consensus recommendation as on 02 Aug, 2024 was to Strong Buy.