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Cera Sanitaryware on Thursday announced 240 per cent dividend to its shareholders for the year 2016-17.
Company's net profit for the fiscal stood at Rs 101.31 crore as against Rs 83.46 crore during 2015-16, showing a growth of 21 per cent year-on-year. Net sales increased to Rs 1009 crore as compared to Rs 917 crore in the previous fiscal.
For the fourth quarter ended March 31, 2017, Cera posted net profit of Rs 32.30 crore as against Rs 29.80 crore in the corresponding quarter last year. The net sales earnings stood at Rs 311.24 crore, as against Rs 275.84 crore in the same quarter a year ago.
The earnings per share stood at Rs 77.90 for the fiscal under review as compared to Rs 64.17 during 2015-16.
Cera shares ended negative on the National Stock Exchange (NSE) with loss of 2.65 per cent on Thursday to close at Rs 2987.55.
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