MoneyWorks4Me

Ceat turns black in Q1

22 Jul 2021 Evaluate

Ceat has reported results for first quarter ended June 30, 2021.

The company has reported net profit at Rs 19.95 crore for the quarter under review against net loss of Rs 25.90 crore for the same quarter in the previous year. Total income of the company increased by 68.13% at Rs 1,901.61 crore for Q1FY22 as compared Rs 1,131.03 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributed to the owners at Rs 23.98 crore for the quarter under review against net loss of Rs 34.76 crore for the same quarter in the previous year. Total income of the company increased by 70.11% at Rs 1,910.28 crore for Q1FY22 as compared Rs 1,122.98 crore for the corresponding quarter previous year.

Peers
Company Name CMP
MRF 123284.50
Apollo Tyres 401.55
JK Tyres & Inds. 339.55
Ceat 3285.15
Balkrishna Inds. 2067.10
View more..