Somany Ceramics Limited — Others, 13-08-2025: Appointment

Somany Ceramics' Board has approved its Q1 financial results. Standalone revenue was 579.40 Cr with a net profit of 16.96 Cr. Consolidated revenue reached 604.77 Cr, yielding a net profit of 7.95 Cr. The Board also endorsed the re-appointment of Mr. Abhishek Somany as Managing Director and CEO for a three-year term starting June 1, 2026, pending shareholder approval. Additionally, the company will invest up to 50 Cr in its subsidiary, Somany Max Private Limited (SMPL), for its future cash flow needs, including loan repayment and capital expenditure. SMPL, a large format tiles manufacturer, reported turnover of 110.05 Cr in FY25.