Edition:
United Kingdom

India's CEAT June Quarter Consol Profit Rises


Friday, 20 Jul 2018 

July 20 (Reuters) - CEAT Ltd ::JUNE QUARTER CONSOL NET PROFIT 720.3 MILLION RUPEES VERSUS PROFIT OF 16.2 MILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL PROFIT WAS 772.9 MILLION RUPEES.JUNE QUARTER CONSOL TOTAL INCOME 17.10 BILLION RUPEES VERSUS 16.39 BILLION RUPEES LAST YEAR.QTRLY EXCEPTIONAL ITEM 22.9 MILLION RUPEES.RATIFIED SIGNING OF MOU WITH GOVERNMENT OF TAMIL NADU TO SET UP MANUFACTURING FACILITY, WITH INVESTMENT OF 40 BILLION RUPEES.