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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

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.

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