Somany Ceramics reports Q2 growth and subsidiary merger
pre-market1 source ↓written by the desknot a recommendation
- year-on-year
- 2.9% increase
- profit fell
- ₹15 cr
- in the previous
- ₹17 cr
Somany Ceramics Limited reported consolidated revenue of ₹681 cr, a 2.9% increase year-on-year, for Q2 FY2026. However, net profit fell to ₹15 cr from ₹17 cr in the previous year. The company also approved a strategic merger of its three wholly-owned subsidiaries, aiming to streamline operations. 📈
This consolidation may enhance operational efficiency and investor sentiment in the ceramics sector.
Not investment advice. For informational purposes only.