Somany Ceramics Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting
13-08-2025 | 05:19 pm
13-08-2025 | 05:19 pm
Somany Ceramics has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹606.34 Cr, with a net profit of ₹7.45 Cr. The board also approved the re-appointment of Mr. Abhishek Somany as MD & CEO for a 3-year term from June 2026, pending shareholder approval. Additionally, the company plans to invest up to ₹50 Cr in its subsidiary, Somany Max Private Limited, to support its financial needs for loan repayments and capital expenditure for large format tile manufacturing.
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