Kajaria Ceramics revenue falls 1% despite margin gains

Kajaria Ceramics reported consolidated revenue of ₹1104 crores for Q1 FY26, down 1% year-over-year due to low tiles volume growth and reduced ply sales from division closure.

Despite the revenue decline, consolidated margins improved significantly to 16.72% from 15% in the previous year, driven by cost reduction and operational efficiencies. Consolidated profit reached ₹108.98 crores.

The company is closing Kajaria Plywood and scaling down UK operations, while a new adhesive manufacturing unit became operational in May 2025.