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CEAT Q3 net profit dips 36 pc to Rs 52.24 cr

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Press Trust of India New Delhi
Last Updated : Jan 28 2019 | 7:50 PM IST

Tyre maker CEAT Monday reported a 36 per cent dip in its consolidated net profit to Rs 52.24 crore for the quarter ended December 2018.

The company had posted a net profit of Rs 82.10 crore for the corresponding period of the previous fiscal, CEAT said in a filing to the BSE.

Its consolidated total income stood at Rs 1,717.95 crore for the quarter, against Rs 1,580.78 crore for the same period a year ago.

CEAT Managing Director Anant Goenka said: "Our Q3 revenue, year-on-year, has witnessed an upward growth on the back of a strong performance in two-wheelers and commercial vehicle segments."

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First Published: Jan 28 2019 | 7:50 PM IST

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