Kajaria Ceramics notes 3% jump in net profit to Rs 124.73 cr in Q3

07 Feb 2022 CW Team

Tiles manufacturing company Kajaria Ceramics Limited has reported a 3% increase in consolidated net profit for the third quarter ended December 31, to Rs 124.73 crore.

Kajaria Ceramics Limited said that in a regulatory filing it made a consolidated net profit of Rs 121.03 crore in the same quarter the previous year.

During the quarter under review, the consolidated income from operations was Rs 1,068.23 crore, up from Rs 838.32 crore the previous quarter.

According to the company, total expenses for the quarter were Rs 915.47 crore, up from Rs 686.72 crore a year before.

According to Kajaria Ceramics Limited Chairman and Managing Director Ashok Kajaria, a spike in gas costs during the quarter hurt Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) margins, which fell by 447 basis points.

Kajaria Ceramics recently announced that its board of directors has approved investments of up to Rs 210 crore in Kajaria Ultima Pvt Limited (KUPL) to turn it into a wholly-owned subsidiary and build a slab manufacturing factory in Gujarat with a production capacity of 5 million sq m per year.

Kajaria Ceramics is India's largest ceramic or vitrified tiles maker. It has an annual aggregate capacity of 70.40 million sq m, split over eight plants in Uttar Pradesh, Rajasthan, Andhra Pradesh, and Gujarat.

Kajaria's production facilities are outfitted with cutting-edge technology. Intense automation, robotic automobile applications, and a zero likelihood of human error are just a few of the reasons Kajaria is the market leader.

Image Source

Also read: Morbi ceramic factories likely to shut down due to rising costs

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..