Revenue from operations stood at Rs 1,151.75 crore in Q3 FY24, up 5.56% from Rs 1,091.13 crore recorded in Q3 FY23.
Profit before tax climbed 46.27% YoY to Rs 145.85 crore in the quarter ended 31 December 2023.
EBITDA in Q3 FY24 was at Rs 178.77 crore, registering a growth of 34.34% from Rs 133.07 crore registered in Q3 FY23. EBITDA margin improved to 15.52% in Q3 FY24 as compared to 12.20% reported in the corresponding quarter previous year.
The company's chairman said, “Despite the sustained demand challenges witnessed over the past few quarters, we achieved a 6% growth in sales volume, selling 27.09 MSM in Q3 FY24 compared to 25.45 MSM in Q3 FY23.
Considering the optimism in the real estate sector, we remain optimistic about the demand outlook for the tile industry. G...
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