Categories AlphaGraphs, Earnings

CEAT Ltd Q2FY25; 42% fall in Profits

CEAT, established in 1958, is one of the largest tyre manufacturers and one of the fastest-growing tyre companies in India. CEAT became a part of the RPG Group in 1982. It is amongst the Top 25 best workplaces in Manufacturing by GPTW for 2022.

Financial Results:

CEAT Ltd reported Revenues for Q2FY25 of ₹3,305.00 Crores up from ₹3,053.00 Crore year on year, a rise of 8.25%.

Total Expenses for Q2FY25 of ₹3,145.00 Crores up from ₹2,793.00 Crores year on year, a rise of 12.6%.

Consolidated Net Profit of ₹121.00 Crores down 41.83% from ₹208.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹30.13, down 41.40% from ₹51.42 in the same quarter of the previous year.

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