Comments
Tyre maker Ceat today reported a consolidated net profit of Rs 29.01 crore for the quarter ended June 30, 2012. The company had posted a net loss of Rs 41.05 crore during the corresponding period previous fiscal.
Total income from operations rose to Rs 1,232.45 crore for the June quarter from Rs 1,114.37 crore during the same period last year.
The company manufactures tyres for most Indian vehicles including trucks, light commercial vehicles, passenger cars, utility vehicles, tractors, truck trailers and two-wheelers.
Shares of Ceat Ltd today closed at Rs 102.50 on the BSE, up 4.54 per cent from its previous close.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.