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.