sector: Cyclical Consumer Goods & Services ·
industry: Tires & Rubber Products ·
As of
2:41pm IST
148.00INR
CEAT Limited is an India-based company. The Company manufactures a range of tires catering various segments, which includes tires for heavy duty trucks and buses (T&B), light commercial vehicles (LCVs), earthmovers and forklifts (specialty segment), tractors, trailers, passenger cars (PC), motorcycles, scooters and auto-rickshaws. The Company offers a range of tires to original equipment manufacturers (OEMs) worldwide. The Company exports its products to United States, Africa, America, Australia and parts of Asia. As of March 31, 2009, it operated two plants in Maharashtra.
BRIEF: For the three months ended 30 June 2009, CEAT Limited's revenues increased 2% to RS6.8B. Net income totaled RS602M vs. a loss of RS106.7M. Revenues reflect an increase in income from sales. Net income reflects decreased consumption of raw materials, lower purchase of traded goods, decreased depreciation expenses and lower interest expenses of the company. Ceat limited is a tyre manufacturer of India.
Ceat Ltd
463 Dr. Annie Besant Road
Worli
Mumbai 400 030
P: +9122.24930621
F: +9122.24938933