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Somany Ceramics reports 20% growth in net sales

net sales stood at Rs. 1,252.96 crores as compared to Rs. 1,046.24 crores last year.Somany Ceramics Ltd, one of the leading players in the Indian ceramic industry, has announced the audited financial results for the quarter and the year ended March 31, 2014.Somany Ceramics has reported growth of 19.8% in net sales for the full year 2013-2014. The net sales stood at Rs. 1,252.96 crores as compared to...
Source : Indiainfoline |
Category : Business | City : Mumbai

Zubin Irani takes over as new chief of CII northern region

Zubin J Irani has been elected as the new Chairman of Confederationof Indian Industry (CII), Northern Region for the year 2014-15, while Shreekant Somany has been elected as the deputy chairman.Irani is President, Building & Industrial Systems (India), United Technologies Corporation. Somany is Chairman and Managing Director of Somany Ceramics Ltd."CII Northern Region's theme for the year 2014-15 will...
Source : Times Of India |
Category : City | City : Chandigarh

CII delegation meets Najeeb Jung

delegation of Confederation of Industry (CII) met Lieutenant Governor of Delhi, Najeeb Jung here on Friday.The delegation was led by Shreekant Somany, Deputy Chairman, CII Northern Region and Chairman and Managing Director, Somany Ceramics Limited and Arjun Wallia, Chairman, CII Delhi State Council and Group Founder and Chairman, The Walsons Group and Securitas India.The CII delegation discussed the...
Source : Newkerala |
Category : National

CII delegation meets Najeeb Jung to discuss areas of cooperation

delegation of Confederation of Industry (CII) met Lieutenant Governor of Delhi, Najeeb Jung here on Friday.A delegation of Confederation of Industry (CII) met Lieutenant Governor of Delhi, Najeeb Jung here on Friday.The delegation was led by Shreekant Somany, Deputy Chairman, CII Northern Region and Chairman and Managing Director, Somany Ceramics Limited and Arjun Wallia, Chairman, CII Delhi State...
Source : DNA |
Category : Headlines

Raised $8mn from pref issue for expansion: Somany Ceramics

with CNBC-TV18, Abhishek Somany, Joint MD, Somany Ceramics, talked about growth prospects of the company, a recent round of fund raising that the company did and how he sees earnings panning out in the next few years....
Source : Moneycontrol |
Category : Business

Somany sees Rs 20-30 cr Q4 revenue hit from Morbi lockout

an interview with CNBC-TV18, Somany Ceramics’ Abhishek discussed the impact of the shutdown and how he sees the business for the company panning out ahead.We are on track for what we had predicted: which is approximately a 20 percent growth for the year that might be shade off a little bit because of this hangover.fter ceramic units in Morbi, Gujarat, went on a one-month strike to protest various issues...
Source : Moneycontrol |
Category : Business

Search for share prices

Somany Ceramics Limited manufactures and sells ceramic tiles and allied products primarily in India. It provides floor tiles; wall tiles; imported tiles; wall claddings; sanitary ware products comprising toilets, basins, urinals, sinks, and alliedand...
Source : Yahoo Finance |
Category : Personal Finance

Somany Ceramics eyes 20% topline growth this fiscal

Delhi-based firm had reported a Rs 31.59-crore net profit from an income of Rs 1,108.51 crore last fiscal....
Source : Moneycontrol |
Category : Business

Confident of achieving 20% growth ahead: Somany Ceramics

Abhishek Somany said the industry has seen a decent uptake even in the bad years, growing at about 12-13 percent.With disposable income increasing and affiliation to a brand going up, the organised sector keeps getting more advantage., said though the industry continues to remain buoyant, it is yet to see the pick up in momentum post elections.“This industry has seen a decent uptake even in the bad...
Source : Moneycontrol |
Category : Business

A moribund Morbi has dragon breathing fire

The ceramic products imported from China are making a dent in the Indian industry, especially in Morbi. Import value of Chinese ceramic products into India has grown from $237 million in 2007 to $484 million in 2012, clocking a compound annual growth rate (CAGR) of 15%.An analysis by industry body Assocham on India's ceramic industry has revealed that with a massive share of 66% in India's total ceramic...
Source : Times Of India |
Category : City | City : Ahmedabad
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