Earnings | CEAT LIMITED. (NSE: CEATLTD): Q4FY23 Results Out; Total Income rises 11% YoY.

CEAT Limited is an Indian tyre manufacturing company founded in 1958. The company produces a wide range of tyres for two-wheelers, cars, trucks, buses, and other commercial vehicles. CEAT is one of the leading tyre manufacturers in India and has a significant presence in international markets. CEAT is committed to producing high-quality, durable and sustainable tyres, and has received numerous awards for its efforts in this regard. The company operates several manufacturing plants in India and has a strong distribution network that spans the country. CEAT has also invested in research and development to create innovative products and improve its manufacturing processes. In addition to its core business of tyre manufacturing, CEAT has also diversified into other areas such as lighting solutions and mobility solutions. The company is focused on growth and expanding its presence both domestically and globally

• CEAT LIMITED reported Total Income for Q4 FY23 of ₹2,877 Crore up from ₹2,595 Crore year on year, a growth of 11%.
• Total Expenses for Q4 FY23 of ₹2,698 Crore up from ₹2,570 Crore year on year, a growth of 5%.
• Consolidated Net Profit of ₹132 Crore, up 428% from ₹25 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹33.05, up 429% from ₹6.24 in the same quarter of the previous year.