CEAT consolidated net profit declines 16.65% in the March 2019 quarter

Image
Capital Market
Last Updated : May 08 2019 | 2:31 PM IST

Sales rise 4.41% to Rs 1760.47 crore

Net profit of CEAT declined 16.65% to Rs 64.25 crore in the quarter ended March 2019 as against Rs 77.08 crore during the previous quarter ended March 2018. Sales rose 4.41% to Rs 1760.47 crore in the quarter ended March 2019 as against Rs 1686.09 crore during the previous quarter ended March 2018.

For the full year,net profit rose 5.98% to Rs 252.22 crore in the year ended March 2019 as against Rs 237.98 crore during the previous year ended March 2018. Sales rose 11.16% to Rs 6984.51 crore in the year ended March 2019 as against Rs 6283.42 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales1760.471686.09 4 6984.516283.42 11 OPM %9.2211.72 -9.209.78 - PBDT169.30185.98 -9 613.70569.89 8 PBT118.51141.18 -16 420.99401.28 5 NP64.2577.08 -17 252.22237.98 6

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 08 2019 | 2:13 PM IST

Next Story