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BRIEF-Ceat Ltd says qtrly margins saw a dip due to demonetization
February 7, 2017 / 10:42 AM / 10 months ago

BRIEF-Ceat Ltd says qtrly margins saw a dip due to demonetization

Feb 7 (Reuters) - Ceat Ltd :

* Says withstood impact of demonetisation with marginal effect on volume growth in quarter

* Says qtrly margins saw a dip on account of demonetization linked demand drop in the passenger and two wheeler segments

* Raw material prices been seeing upward trend in last few months, will put pressure on margins, if not compensated by price increases next year Source text: bit.ly/2jXoPdO Further company coverage:

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