CEAT : Press Release Q4 FY24 - MarketScreener
May 2, 2024 ...
Stay updated with breaking news from Tyre Industry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Ceat's consolidated net profit witnessed a decline of 22.8%, reaching Rs 102.27 crore in Q4FY24, compared to Rs 132.42 crore in Q4 FY23.
Carlstar Group: Carlstar is a global manufacturer and distributor of specialty tires and wheels for a variety of end-market verticals including outdoor power equipment, power sports, trailers, and small to midsize agricultural and construction equipment, the company said.
Tolins Tyres: The company may consider raising INR 25 crore in a Pre-IPO placement round. If such placement is undertaken, the fresh issue size will be reduced.
Michelin, the world's top tyre maker, on Monday posted record operating profits as a focus on premium products, including for SUVs, helped it survive an otherwise lacklustre year. Sales of premium and big tyres, in particular for SUVs, helped improve the company's performance, as did a drop in costs for raw materials from peaks hit in 2022.