CEAT’s Q1 net profit up 14.7% y/y to USD11.9 million

Financial results

Revenue up 1.7% y/y

Indian tire-maker CEAT has reported a 14.7% year-on-year (y/y) growth in net profit to INR826 million (USD11.9 million) for the first quarter ended 30 June 2019, according to a regulatory filing by the company on 1 August.

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