CEAT consolidated net profit declines 83.48% in the March 2022 quarter

6 May 2022 , 08:21 AM

Net profit of CEAT declined 83.48% to Rs 25.25 crore in the quarter ended March 2022 as against Rs 152.80 crore during the previous quarter ended March 2021. Sales rose 13.20% to Rs 2591.99 crore in the quarter ended March 2022 as against Rs 2289.72 crore during the previous quarter ended March 2021. For the full year,net profit declined 83.52% to Rs 71.20 crore in the year ended March 2022 as against Rs 432.04 crore during the previous year ended March 2021. Sales rose 23.05% to Rs 9363.41 crore in the year ended March 2022 as against Rs 7609.60 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	2591.99	2289.72	13	9363.41	7609.60	23
OPM %	7.23	11.39	–	7.58	12.92	–
PBDT	141.85	231.94	-39	542.99	857.58	-37
PBT	32.29	142.06	-77	107.79	517.95	-79
NP	25.25	152.80	-83	71.20	432.04	-84

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