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Ceat reports 4- fold jump in Q2 consolidated net profit
Oct-27-2020

Ceat has reported results for second quarter ended September 30, 2020.

The company has reported 3- fold jump in its net profit of Rs 170.15 crore for the quarter under review as against net profit of Rs 49.39 crore for the same quarter in the previous year. Total income of the company increased 15.73% at Rs 1969.35 crore for Q2FY21 as compared Rs 1701.74 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 4- fold jump in its net profit attributable to owners at Rs 181.86 crore for the quarter under review as against net profit of Rs 43.98 crore for the same quarter in the previous year. Total income of the company increased by 16.89% at Rs 1982.24 crore for Q2FY21 as compared Rs 1695.80 crore for the corresponding quarter previous year.

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