Ceat Q4 results: Net profit dips 23% to ₹102 crore, revenue at ₹2,992 crore

2 weeks ago 5

1 min read 02 May 2024, 10:13 PM IST

PTI

Ceat's Q4 FY24 nett net dropped to ₹102 crore, gross roseate to ₹2,992 crore. FY24 nett net was ₹635 crore, gross reached ₹11,943 crore. Board okayed a last dividend of ₹30 per stock for FY24.

Tyre shaper Ceat connected Thursday reported a 23 per cent diminution successful its consolidated nett net to ₹102 crore for the 4th fourth ended March 2024.

The institution had posted a nett net of ₹132 crore successful the January-March 4th of 2022-23.

Its gross from operations roseate to ₹2,992 crore successful the play nether reappraisal from ₹2,875 crore successful the 4th fourth of FY23.

For the fiscal ended March 2024, the institution posted a nett net of ₹635 crore compared to ₹182 crore successful 2022-23.

Revenue from operations roseate to ₹11,943 crore successful FY24 against ₹11,315 crore successful FY23.

The institution said its committee approved a last dividend of ₹30 per stock of look worth of ₹10 for the fiscal twelvemonth ended March 2024.

Unlock a satellite of Benefits! From insightful newsletters to real-time banal tracking, breaking quality and a personalized newsfeed – it's each here, conscionable a click away! Login Now!

Catch each the Corporate news and Updates connected Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.

More Less

Published: 02 May 2024, 10:13 PM IST