Saturday, August 4, 2012

Ceat posts Q1 profit at Rs 29 cr


Tyre manufacturing company Ceat  has reported a consolidated profit of Rs 29 crore in the quarter ended June 2012 as against a loss of Rs 49 crore in a year ago period.

Consolidated net sales rose by 10.3% year-on-year to Rs 1,225 crore from Rs 1,110.5 crore.

At 14:20 hours IST, the share was trading at Rs 102.90, up Rs 4.85, or 4.95% amid heavy volumes.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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