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Ceat reports 7% rise in Q1 consolidated net profit

19 Jul 2024 Evaluate

Ceat has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 6.40% fall in its net profit at Rs 149.24 crore for the quarter ended June 30, 2024 as compared to Rs 159.44 crore for the same quarter in the previous year. However, total income of the company increased by 8.06% at Rs 3,174.24 crore for Q1FY25 as compared to Rs 2,937.35 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 7.06% rise in net profit at Rs 154.18 crore for Q1FY25 as compared to Rs 144.01 crore for the same quarter in the previous year. Total income of the company increased by 8.87% at Rs 3,198.97 crore for Q1FY25 as compared to Rs 2,938.42 crore for the corresponding quarter previous year.


Peers
Company Name CMP
MRF 126500.00
Apollo Tyres 406.50
JK Tyres & Inds. 346.00
Ceat 3276.15
Balkrishna Inds. 2120.00
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