India's Kajaria Ceramics drops on quarterly earnings miss

Somany Ceramics

06/05/2025 10:13

** Shares of Kajaria Ceramics KAJR.NS drops 3% to 796 rupees

**  Co posts fourth-quarter consolidated profit of 425.2 million rupees ($5.04 million), well below analysts' expectation of 1.01 billion rupees, per data compiled by LSEG

** Q4 rev of 12.22 billion rupees misses analysts' estimate of 12.83 billion rupees, dragged by lacklustre prices and tepid demand for tiles

** More than 1.1 mln shares traded, 2X its 30-day avg

** KAJR down 30% so far in 2025 compared to a 34% drop in peer Somany Ceramics SOCE.NS

($1 = 84.4140 Indian rupees)

 (Reporitng by Nishit Navin)

 ((nishit.navin@thomsonreuters.com;))