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Kajaria Ceramics Q1 profit may fall 10% to Rs 57 cr but revenue seen up 4%

Analysts expect volume growth at 3.5-4 percent for the quarter but realisations are expected to be flat.

August 09, 2017 / 18:33 IST
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Kajaria Ceramics, the India's largest manufacturer of ceramic/vitrified tiles, is expected to report a 10 percent degrowth in first quarter profit at Rs 57 crore on year-on-year basis. Weak operational performance may hit profitability.

Revenue during the quarter is seen rising 3.5 percent to Rs 691 crore while operating profit is likely to fall 12 percent year-on-year to at Rs 112 crore and margin may shrink 270 basis points to 16.3 percent, according to average of estimates of analysts polled by CNBC-TV18.

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GST related destocking and higher fuel costs may impact margin for the quarter.

Analysts expect volume growth at 3.5-4 percent for the quarter but realisations are expected to be flat.

first published: Aug 9, 2017 06:33 pm

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