Ceat Ltd. reported a 9% fall in standalone net profit during the quarter ended June 31, 2025, missing analyst estimates.
The type manufacturer's net profit fell to Rs 135.35 crore for the first quarter of fiscal 2025 as compared to Rs 381.53 crore for the same period last year. That compares with a consensus estimate of Rs 222 crore by analysts polled by Bloomberg.
Ceat Q1 FY25 (Standalone, YoY)
Revenue up 11.1% at Rs 3,520.70 crore versus Rs 3,168.20 crore (Bloomberg estimate: Rs 3,512 crore).
Net profit down 9% to Rs 135.35 crore versus Rs 149.24 crore (Estimate: Rs 222 crore).
Ebitda flat up 2% to Rs 391.05 crore versus Rs 381.53 crore (Estimate: Rs 353 crore).
Margin at 11.1% versus 12% (Estimate: 10%).
(This is a developing story and will be updated shortly).
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