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Ceat Q1 24-25 results: Strong growth despite margin pressures

Author: Stephen Goodchild Comments: 0
(Photo: Stephen Goodchild / Tyre Industry Publications Ltd)

Indian tyre maker Ceat Limited has released its unaudited financial results for Q1 2024-25, the quarter ending 30 June 2024. The RPG Group company reports reaching Rs. 31,928.0 million (£294.06 million), with an EBITDA margin of 12.2 per cent, marking a contraction of 124 basis points compared to Q4 FY23-24. Net profit for the quarter stood at Rs. 1,542.0 million (£14.20 million).

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Related news:

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