Ceat Q3 Results: Profit Quintuples, Approves Capex Plan Of Rs 572 Crore

Revenue for the Mumbai-based company saw a 8.6% rise at Rs 2,963.1 crore in the October-December quarter.

Shubhayan Bhattacharya

Published On

24 Jan 2024, 06:51 PM IST

Last Updated On

24 Jan 2024, 07:30 PM IST

A Ceat tyre. (Source: Company website)

Tyremaker Ceat Ltd. reported a fivefold jump in profit in the third quarter and approved a Rs 572-crore capex plan to expand operations.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.

WRITTEN BY

Shubhayan Bhattacharya

Shubhayan covers markets and business news at NDTV Profit. He has a keen in... more

GET REGULAR UPDATES

Add us to your Preferences

Set as your preferred source on Google

RECOMMENDED FOR YOU

PNB Housing Finance Q2 Results: Profit Rises 24% To Rs 582 Crore

Bata India Q2 Results: Net Profit, Revenue Slump

Ceat's Robust Q2 Driven By Topline Momentum, Improved Margins; Nirmal Bang Maintains 'Buy'

TCS Q2 Results: Profit Slips 5% On Exceptional Restructuring Charges; Margin Expands, Beats Estimates

POPULAR