 "Ceat Q4 net down 4% at Rs 62.42 crore")
The company had posted a net profit of Rs 64.93 crore for the same period of previous fiscal.
Consolidated net sales of the company rose to Rs 1,443.87 crore in the fourth quarter, up 8.28% as compared to Rs 1,333.42 crore during the same period of previous fiscal, Ceat said in a filing to the BSE.
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Overall expenses in the quarter were at Rs 1,314.31 crore as against Rs 1,225.93 crore in the same quarter a year ago.
For the entire 2013-14, Ceat's net profit stood at Rs 270.79 crore, as against Rs 120.19 crore in the previous financial year.
Ceat shares today closed at Rs 408.60 apiece on the BSE, up 1.23% from its previous close.
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