Cera Sanitaryware Records ₹82.52 Crore Block Trade on NSE at ₹5497.50 Per Share
Cera Sanitaryware recorded a block trade on the NSE involving approximately 1,50,112 shares at ₹5497.50 per share. The transaction was valued at ₹82.52 crores. Such block deals are typically executed by large institutional participants and are conducted outside the regular market order book to limit price disruption.
CERA Sanitaryware Reports Strong Q4 Results and Announces Dividend
CERA Sanitaryware's Q4 financial results show significant growth. Revenue increased by 5.45% to ₹5.80 billion, EBITDA rose by 13.80% to ₹1.08 billion, and net profit grew by 14.29% to ₹0.86 billion. The company's EBITDA margin improved by 133 basis points to 18.63%. Additionally, CERA Sanitaryware declared a dividend of ₹65.00 per share.
17Mar 25
Cera Sanitaryware Terminates Partnership with Milo Tile LLP, Writes Off ₹23.8 Crore Investment
Cera Sanitaryware Limited has ended its partnership with Milo Tile LLP due to persistent quality issues. The company will write off ₹23.80 crore from its ₹89.34 crore total investment in Milo. The termination, effective March 17, 2025, follows a quality-related dispute that led to discontinued procurement and raised claims. No consideration is receivable by Cera for the stake disposal. Milo's failure to provide financial results since April 1, 2022, has affected Cera's regulatory reporting.