CEAT Ltd: Shares have increased 15-fold in Q1 net profits

The tyre manufacturer increased its overall net profit by 15 times, to Rs 144 crore, from Rs 9 crore a year earlier.

Consolidated revenue from operations for the firm rose to Rs 2,935.17 crore in the first quarter from Rs 2,818.38 crore in the prior year.

In comparison to the same period last year, the total expenses for the first quarter were lower at Rs 2,739.14 crore as against Rs 2,816.66 crore.

In the reporting quarter, the EBITDA margin was 13.2% compared to 5.9% in the corresponding quarter previous fiscal year. Earnings before interest, taxes, depreciation, and amortization is known as EBITDA.

Source: Media Reports

Top stories
Company

Delta Corp Q1 PAT Declines 68% YoY to Rs 22 crore in FY25

4 mins read . 13 Jul 2024 . 09:30 AM

Company

Zydus Life Gets USFDA Nod for Heart Failure Drug

3 mins read . 13 Jul 2024 . 09:23 AM

Company

RVNL Spurts 10% on Bagging Multiple Orders Worth Rs 390 Cr

4 mins read . 13 Jul 2024 . 09:18 AM

Related Blogs
blog-logo

Share Market

blog-logo

12 mins read . 12 Jul 2024

Ritesh Agarwal: The OYO Founder’s Success Story

  • 0 people read
blog-logo

Share Market

blog-logo

15 mins read . 08 Jul 2024

Best Oil & Gas Stocks in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions