Several stocks are gaining as much as 15% on Wednesday, January 28, reacting to their Q3 results announced after market hours on Tuesday. Here's a snapshot of the key movers.
Earnings
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CNBC TV1828-01-2026, 17:37

Somany Ceramics Q3 Profit Nearly Doubles, EBITDA Up 16% on Margin Expansion

  • Somany Ceramics reported a 93.5% year-on-year jump in net profit to ₹18 crore for Q3, driven by improved operating efficiencies and margin expansion.
  • Revenue from operations saw a modest 5.7% increase, reaching ₹676.5 crore in the December quarter.
  • EBITDA rose 16.1% to ₹56.1 crore, with the EBITDA margin improving to 8.3% from 7.5% due to cost control and operational efficiencies.
  • The company continues to operate in the ceramic tiles and allied products segment, benefiting from steady demand in housing and infrastructure projects.
  • Biju Sebastian has been appointed as the new HR Head, effective January 29, 2026.

Why It Matters: Somany Ceramics achieved significant profit growth in Q3 due to strong margin expansion and operational efficiency.

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