Kajaria Ceramics Q4 Results: Stock falls after board clears ₹297 crore buyback at 12% premium
Kajaria Ceramics reported a strong March quarter performance on April 30, with profitability surging and margins expanding sharply, even as its shares came under pressure following the announcement of a share buyback. Net profit more than tripled to ₹156 crore from ₹43 crore a year ago, while revenue rose 12% year-on-year to ₹1,373 crore. Operating…
