CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore, driven by the replacement segment. The company partially offset increased costs through selective price hikes. Demand is stable, and a robust order book is expected for Q4.
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
Date:
More like thisRelated
A Scary Government Report Implies That Moderate Drinking Is Manifestly Reckless
The focus on the health risks of alcohol consumption...
Bill DeBlasio Argued N.Y. Had First Amendment Duty to Pay Travel Costs for NYPD Security Detail on His Presidential Campaign
A short excerpt from the 33,000-word De Blasio v....
Watch SpaceX exquisitely set free a pair of moon landers in space
Two lunar landers — one made by Firefly Aerospace...
Why are Musk, Bezos, and Zuckerberg at Trumps inauguration?
Tech moguls Jeff Bezos, Mark Zuckerberg, and Elon Musk...