Ceat has reported results for the fourth quarter & year ended March 31, 2013.
The company has reported a rise of 47.14% in its net profit at Rs 60.90 crore in Q4FY13 as compared to net profit of Rs 41.39 crore in the same quarter previous year. The total income from operation of the company has increased by 7.06% to Rs 1310.64 crore as compared to Rs 1224.20 crore in corresponding quarter last year.
For the full year ended March 31, 2013, the company has posted a over 14 fold jump in its net profit at Rs 106.35 crore as compared to Rs 7.53 crore for the same period in the previous year. Total income from operation has increased by 9.06% at Rs 4881.45 crore for year under review as compared to Rs 4475.73 crore for the period ended March 31, 2012.