Ceat has reported results for second quarter ended September 30, 2016.
The company has reported 9.28% fall in its net profit at Rs 101.82 crore for the quarter under review as compared to Rs 112.23 crore for the same quarter in the previous year. However, total income of the company increased by 3.39% at Rs 1587.94 crore for the quarter under review as compared Rs 1535.85 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 1.56% rise in its net profit at Rs 106.92 crore for the quarter ended September 30, 2016 as compared to Rs 105.28 crore for the same quarter in the previous year. Total Income of the company has increased by 4.81% to Rs 1600.30 crore for quarter under review from Rs 1526.82 crore for the quarter ended September 30, 2015.