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CEAT Q3 Results: Profit Quintuples, Approves Capex Plan Of Rs 572 Crore - Vimarsana News

CEAT Q3 Results: Profit Quintuples, Approves Capex Plan Of Rs 572 Crore

Tyremaker CEAT Ltd. reported a fivefold jump in profit in the third quarter and approved a Rs 572-crore capex plan to expand operations. Revenue for the Mumbai-based company saw a 8.6% rise at Rs 2,963.1 crore in the October-December quarter, marginally missing analysts' estimates.