Ceat posts Q1 net loss at Rs 42 cr

Ceat has reported a net loss of Rs 42 crore in the quarter ended June 2011 as against profit of Rs 14 crore in the corresponding quarter last fiscal.

Net sales shot up nearly 39% to Rs 1,073 crore from Rs 772 crore year-on-year.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd