Ceat bets on exports to drive volumes
In Q1, Ceat reported a 3% overall volume growth sequentially, driven by a roughly 11% growth in exports and 4% growth in replacement volumes27-07-2023
27-07-2023
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation of our letters dated July 14, 2023 and July 25, 2023 we would like to inform that audio recording of the Results Earnings Call for the Unaudited Financial Results of the Company for the quarter ended June 30, 2023 held today i.e Wednesday, July 26, 2023, at 4:00 p.m. IST and ended at 4:54 p.m. has been made available on the Company's website at https://www.ceat.com/investors/financial-performance.html26-07-2023
CEAT LTD. - 500878 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
The Company has informed about loss of Share Certificate(s).26-07-2023
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement pertaining to unaudited Financial Results of Q1 FY 202426-07-2023
CEAT share price rallies over 4% after multi-fold jump in Q1 net profit
CEAT Ltd, posted a consolidated net profit of 144 crore in the first quarter of FY24 as compared to 9.25 crore in the corresponding period last year.26-07-2023
Q1FY24 Quarterly Result Announced for Ceat Ltd.
Auto Tyres & Rubber Products Company Ceat announced Q1FY24 results: Consolidated Q1FY24: Company’s revenue closed at Rs 2,935 crore EBITDA margin stood at 13.1% Net profit stood at Rs 144 crore. Standalone Q1FY24: Company’s revenue stood at Rs 2,921 crore EBITDA margin stood at 13.2% Net profit stood at Rs 159 crore Commenting on the results as well as the outlook of the business, Arnab Banerjee, MD & CEO, CEAT said, “Replacement and International business are looking good with good product - market fit. Our product performance continues to get accepted as superior across key geographies. Better sweating of assets, improved efficiencies through digital interventions and otherwise, shall improve margins going forward.” Kumar Subbiah, CFO of CEAT, said, “During the quarter, we have focused and optimized on operational efficiencies. Our improved product mix and procurement efficiencies have helped improve our gross margins leading to an improvement in our overall margins both sequentially and year-on-year. Our continuous focus on cash has helped us reduce our debt for the second consecutive quarter, and we have seen a reduction in our standalone gross debt by Rs 97 crore.” Result PDF25-07-2023
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Investor Presentation
CEAT Limited has informed the Exchange regarding Investor Presentation for the quarter ended June 30, 2023 and details of the Results Earnings Call.25-07-2023
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
CEAT Limited has informed the Exchange regarding a press release dated July 25, 2023, titled "Q1 FY23-24 Consolidated Revenue Rs. 2,935 crore Growth of 2.1% Q-o-Q; 4.1% Y-o-Y Consolidated EBITDA Rs. 385 crore, Operating margin 13.1%"25-07-2023
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Meeting Updates
Updates of the Board Meeting dated July 25, 202325-07-2023
CEAT LTD. - 500878 - Board Meeting Outcome for Outcome Of Board Meeting Held On July 25, 2023
CEAT Limited has informed the Exchange about the Outcome of Board Meeting held on July 25, 2023. The Board Meeting commenced at 3:00 p.m. and concluded at 5:45 p.m.25-07-2023