Somany Ceramics Limited Reports 237.6% Rise in Net Profit in FY27
India: Somany Ceramics Limited reported a 237.6% year-on-year increase in consolidated net profit to USD 4.40 million for the quarter ended 30 September 2026, compared with USD 1.30 million in the corresponding quarter of the previous year. Consolidated revenue stood at USD 91.11 million, while standalone revenue from operations reached USD 82.41 million. Standalone net profit increased by 85% year-on-year to USD 4.42 million.
The company's board declared an interim dividend of USD 0.064 per equity share, with 13 November 2026 designated as the record date. The dividend will be paid within 30 days of its declaration. The board also approved a proposal to acquire up to 24.75 lakh shares of Somany Sanitary Ware Private Limited, potentially increasing its ownership from 51% to 76%. The company recorded an exceptional charge of USD 0.25 million relating to the settlement of a Haryana tax matter.
Source: ETRealty
