Ceat has reported results for third quarter ended December 31, 2012.
The company has over seven fold jump in its net profit at Rs 16.93 crore for the quarter as compared to Rs 2.39 crore for the same quarter in the previous year. Total income from operation of the company has increased by 13.02% at Rs 1201.67 crore for quarter under review as compared to Rs 1063.25 crore for the quarter ended December 31, 2011.
CEAT is among the best tyre manufacturers in India. Besides tyres, the company also manufactures and markets tubes and flaps. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks.
| Company Name | CMP |
|---|---|
| MRF | 139281.55 |
| Apollo Tyres | 441.50 |
| CEAT | 3796.75 |
| Balkrishna Inds. | 2284.55 |
| JK Tyres & Inds. | 419.15 |
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