Tyre manufacturer Ceat, an RPG Group company, has posted 21.58 per cent fall in consolidated net profit at ₹51.22 crore compared with ₹65.32 crore recorded during the same period a year ago.
The company’s revenue rose 10 per cent to ₹1,453.10 crore compared with ₹1,316.91 crore posted during the same period a year ago. On a standalone basis, the India operations reported revenues of ₹1,401 crore with EBITDA margin of 9.1 per cent. The company’s net profit stood at ₹47 crore for the quarter. Our Bureau