CEAT reports 43% fall in Q2 consolidated net profit

Ace News

18th Oct 2024

CEAT has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 31.45% fall in its net profit at Rs 136.51 crore for the quarter ended September 30, 2024 as compared to Rs 199.14 crore for the same quarter in the previous year. However, total income of the company increased by 8.89% at Rs 3,317.85 crore for Q2FY25 as compared to Rs 3,046.93 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 42.68% fall in net profit at Rs 115.83 crore for Q2FY25 as compared to Rs 202.09 crore for the same quarter in the previous year. However, total income of the company increased by 7.97% at Rs 3,307.98 crore for Q2FY25 as compared to Rs 3,063.79 crore for the corresponding quarter previous year.