Net profit of Kajaria Ceramics declined 24.86% to Rs 49.59 crore in the quarter ended March 2020 as against Rs 66.00 crore during the previous quarter ended March 2019. Sales declined 20.03% to Rs 652.04 crore in the quarter ended March 2020 as against Rs 815.31 crore during the previous quarter ended March 2019.

For the full year,net profit rose 12.69% to Rs 255.33 crore in the year ended March 2020 as against Rs 226.57 crore during the previous year ended March 2019. Sales declined 5.01% to Rs 2808.01 crore in the year ended March 2020 as against Rs 2956.20 crore during the previous year ended March 2019.

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Net profit of Kajaria Ceramics declined 18.95% to Rs 55.37 crore in the quarter ended March 2020 as against Rs 68.32 crore during the previous quarter ended March 2019. Sales declined 17.87% to Rs 603.06 crore in the quarter ended March 2020 as against Rs 734.27 crore during the previous quarter ended March 2019.

For the full year,net profit rose 13.38% to Rs 278.80 crore in the year ended March 2020 as against Rs 245.90 crore during the previous year ended March 2019. Sales declined 5.66% to Rs 2571.80 crore in the year ended March 2020 as against Rs 2726.07 crore during the previous year ended March 2019.

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Kajaria Ceramics will hold a meeting of the Board of Directors of the Company on 26 June 2020.

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Kajaria Ceramics announced that the Board of Directors of the Company at its meeting held on 10 February 2020, inter alia, have recommended the interim dividend of Rs 3 per equity Share (i.e. 300%) , subject to the approval of the shareholders.

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