Ceat Tyre announced Q2 Finance Results report the net profit Rs 182 crore

Ceat Tyre announced Q2 Finance Results report the net profit Rs 182 crore

India is the Vehicle Tyre manufacturing company CEAT Limited today announced Q2FY21 Finance results report the Net profit Rs.182 crore to four times to increase the company but last year same quarter Rs.44 crore.

The company this quarter revenue 17% percent increase to Rs.1,978 crore September 30,2020 during the period, but last year same quarter Rs.1,691.6 crore September 30, 2020.

Earnings Before Interest Tax Deprecation and Amortization (EBITDA) Q2FY21 increased 72% percent to Rs.292.5 crore but last year the same quarter Rs.170.4 crore. Margin 470 bps growth to 14.8% percent and in last year the same quarter 10.1%.

The Ceat Tyre today market price change on 1.42% percent gained and in the share current price Rs.1,144.60




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