Cera Sanitaryware today reported a 8.3 per cent increase in standalone net profit at Rs 32.30 crore for the fourth quarter ended March 31. The company had posted a net profit of Rs 29.80 crore during the same period last fiscal, Cera Sanitaryware said in a BSE filing. The firm's net sales rose 12.83 per cent to Rs 311.24 crore during the quarter under review as against Rs 275.83 crore in the corresponding period a year ago. For the entire 2016-17 fiscal, the company posted a net profit of Rs 97.33 crore compared with Rs 83.46 crore a year ago. In a separate filing, the company said its board of directors has recommended a dividend of Rs 12 per share.

Source: dna May 04, 2017 08:48 UTC