CEAT consolidated net profit declines 32.51% in the March 2017 quarter

Sales rise 5.21% to Rs 1457.83 crore

Net profit of CEAT declined 32.51% to Rs 66.33 crore in the quarter ended March 2017 as against Rs 98.28 crore during the previous quarter ended March 2016. Sales rose 5.21% to Rs 1457.83 crore in the quarter ended March 2017 as against Rs 1385.62 crore during the previous quarter ended March 2016.

For the full year,net profit declined 17.46% to Rs 361.15 crore in the year ended March 2017 as against Rs 437.54 crore during the previous year ended March 2016. Sales rose 5.05% to Rs 5722.34 crore in the year ended March 2017 as against Rs 5447.18 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1457.831385.62 5 5722.345447.18 5 OPM %9.0913.47 -11.4814.19 - PBDT114.88166.91 -31 593.69706.00 -16 PBT68.86131.90 -48 450.61598.28 -25 NP66.3398.28 -33 361.15437.54 -17

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