Cera Sanitaryware announced a net profit of Rs 9.07 crore

Ahmedabad, May 16 (UNI) Gujarat-based Cera Sanitaryware Limited (CSL) today announced a net profit of Rs 9.07 crore for the year ended March 31, 2007, an increase of 54 per cent over the previous year.

Announcing the results to reporters after the board meeting, Vidush Somany, Executive Director of CSL, said the company has an all time high revenue of Rs 107.58 crore for the year ended March 2007, which was up by 33.4 per cent from Rs 80.64 crore in previous year.

He said that due to higher sales and better operating margins gross profit of the company has crossed 17.52 crore, up by 51 per cent from 11.64 crore last year.

UNI