CEAT Limited — Others, 17-01-2025: Copy of Newspaper Publication
17-01-2025 | 03:23 pm
17-01-2025 | 03:23 pm
CEAT Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2024. Total income from operations stood at ₹329.99 crore, reflecting a growth from ₹296.31 crore in the previous year. The net profit after tax was reported at ₹97.11 crore, down from ₹181.48 crore year-on-year. The company’s debt-to-equity ratio remains stable at 0.43, indicating a conservative leverage approach. This performance signals potential challenges in profitability but also reflects robust operational revenue. Investors may perceive this as a mixed outlook, considering both the revenue growth and declining profit margins.
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