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CEAT Q1 Results: Net profit at ₹144.6 crore, revenue rises 4% to ₹2,935 crore; check details
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CEAT Q1 Results: CEAT announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 25, reporting a net profit of ₹144 crore, compared to ₹9.25 crore in the corresponding period last year. The tyre company's revenue from operations during the first quarter of current fiscal stood at ₹2,935.2 crore, registering a rise of 4.1 per cent compared to ₹2,818.4 crore in the year-ago period.
On the operating performance, the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) during the June quarter stood at ₹384.7 crore, compared to ₹171.3 crore in the year-ago period. THIS COPY IS BEING UPDATED
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