The Mumbai-headquartered flagship company of the global conglomerate Aditya Birla Group said its revenue grew 36.7 per cent to Rs 6,745 crore in the quarter under review, compared to Rs 4,933 crore during the corresponding quarter in the previous year.

Ahmedabad Gujarat India NewsVoir CERA Sanitaryware Limited CERA Indias premier sanitaryware faucet ware and wellness Company today announced its standalone and consolidated financial results for the quarter ended September 30 2021 Financial Highlights - Q2 FY22 Particulars Q2 FY22 Q2 FY21 Growth H1 FY22 H1 FY21 Growth Standalone in INR million except EPS Revenue from Operations Net of Taxes EBITDA Excluding Other Income of sale PAT of sale EPS Diluted 3932 579 147 421 107 3236 3179 405 127 263 83 2021 237 430 200 bps 601 240 bps 601 6161 777 126 550 89 4230 4605 471 102 292 63 2245 338 650 240 bps 884 260 bps 884 CMDs Message Commenting on the performance Mr Vikram Somany Chairman Managing Director said We are pleased to report a strong performance during the second quarter of this financial year The combination of benign interest rates and the pandemic-induced preference for larger spaces supported by Government incentives for the real estate sector has provided a significant and sustainable tailwind Customer inclination towards home upgradation and home improvement is serving to sharply elevate the demand for our products We are focused on serving this demand by actively managing our production to operate at high utilization levels Our strategy of steadily investing and upgrading manufacturing capabilities over the last few years has enabled us to deliver high-value innovative and complex products at scale This is also insulating us from supply chain disruption being witnessed across the industry due to constraints on imports There are challenges from the increase in costs of certain inputs like natural gas and metals In addition to partly mitigating these pressures through operating leverage gains and pricing power monetization as we have initiated a price hike program across all businesses New additions to our leadership team will expand the management bandwidth of the organization We have fortified the existing talent pool of the organization by welcoming Mr Anupam Gupta from Grasim Industries as Executive Director Technical on the Board of the company Mr Gupta has been with the Aditya Birla Group for over eighteen years across India and international locations of which the last eight years were at Halol Gujarat Mr Ajay Jain from HSIL and earlier Kohler has taken over as Vice President - Faucetware Manufacturing Mr V K Murthy has taken over as President Marketing after 25 years with HSIL Mr Mahesh Taparia has joined CERA as Deputy CFO after 18 years in HDFC Bank Mr Parthiv Dave the Managing Director and CEO of SIAMP India Pvt Ltd is in the process of joining CERA as President Sales Strategic Affairs This will enable us to remain ahead of the requirements of the organization Our robust in-house manufacturing and RD capabilities product and design leadership extensive product portfolio and wide distribution network our robust financial position as well as the salience of the CERA brand have placed us favorably to drive accelerated growth ImageVikram Somany - Chairman Managing Director CERA Sanitaryware PWR PWR

Mumbai (Maharashtra) [India], September 16 (ANI/PRNewswire): Grasim Industries Limited, a flagship company of the global conglomerate Aditya Birla Group, held a foundation stone ceremony today for the upcoming English-medium Aditya Birla Public School at Pallipalayam - a central weaving and spinning hub near Erode, Tamil Nadu.