Ceat Standalone Q4 Net At Rs 41.47 Crore

Ceat Standalone Q4 Net At Rs 41.47 CroreCeat has registered a standalone net profit, which remained at Rs 41.47 crore in the fourth quarterly period ended March 31.

Tyre manufacturer had registered a net loss of Rs 11.84 crore during the same period of the last year.

The company’s standalone total income from operations in the fourth
quarterly period of last financial augmented by 22.51% to Rs 1,222.21
crore as against Rs 997.65 crore in the year-ago period.

Ceat's board has announced a dividend of Rs 1 per equity share of face value of Rs 10 each.

For the complete 2011-12 fiscal year, Ceat witnessed its consolidated
net profit declining 31.52% to Rs 18.12 crore as compared to Rs 26.46
crore during the previous financial.

The consolidated total income from operations during 2011-12 increased
28.03% to Rs 4,648.99 crore as against Rs 3,631.12 crore during FY'11.

Reacting to the figures, the company’s shares remained 1.68% up at Rs 105.80 per piece on the BSE.