Cera Sanitaryware Highlights Strong Q2 Performance
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India: Cera Sanitaryware has announced its financial results for the second quarter ending September 2024. The company reported a 6.37% year-over-year growth in revenue and a 19.47% increase in profit, indicating a strong demand for its products. Quarter-over-quarter, revenue rose by 22.92%, and profit surged by 44.47%, reflecting a notable recovery in performance.
Operating income increased by 25.04% compared to the previous quarter but declined by 7% year-over-year. Selling, general, and administrative expenses grew by 8.11% quarter-over-quarter and 8.79% year-over-year, potentially posing challenges to future profitability if not addressed.
Source: Live Mint