💨 Abstract

Kajaria Ceramics, an Indian tile manufacturer, reported a 25% drop in third-quarter profit, falling short of analysts' estimates. The decline was due to soft demand, lower realizations, and weak exports in a seasonally slow quarter. The company's shares dropped by 2.7% post-results. Despite the loss, Kajaria Ceramics remains optimistic about near-medium term demand.

Courtesy: theprint.in

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