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One in five tile plants may shut as gas prices drive industry consolidation: Somany Ceramics CEO Abhishek | Interview
Despite these challenges, Abhishek Somany remains optimistic about demand prospects, citing a strong real estate pipeline, increasing adoption of large-format tiles and sustained growth in commercial construction. Edited excerpts:
Somany Ceramics soars after Q4 PAT climbs 77% YoY to Rs 38 cr
Somany Ceramics surged 13.22% to Rs 504.85 after the company's consolidated net profit jumped 77.23% to Rs 37.82 crore on 6.02% increase in revene from operations to Rs 811.97 crore in Q4 FY26 over Q4 FY25.
Noida Toll Bridge Company Ltd leads gainers in 'B' group
United Polyfab Gujarat Ltd, Dredging Corporation of India Ltd, Somany Ceramics Ltd and Rishabh Instruments Ltd are among the other gainers in the BSE's 'B' group today, 19 May 2026.
Somany Ceramics Q4 profit jumps 77% as margins expand; declares dividend
Board recommends final dividend of ₹2/share; approves up to ₹8 crore investment in associate firm. Shares of Somany Ceramics ended lower on Friday, with the stock closing at ₹443.65 on the NSE, down ₹7.35 or 1.63%.
Somany Ceramics consolidated net profit rises 77.23% in the March 2026 quarter
Sales rise 6.02% to Rs 811.97 crore
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.