CEAT - Q4FY13 Result First Cut - Microsec

CEAT Ltd announced its Q4 FY13 results on 07th May 2013.

The company's Consolidated Net sales increased by 8.07% and 5.61% on QoQ and YoY basis respectively. EBITDA declined by 2.75% on YoY basis. EBITDA Margins of the company declined from 11.66% to 10.74% on YoY basis. Consolidated PAT increased by 189.22% and 32.91% on QoQ and YoY basis respectively. We maintain our Target Price of INR149 for the stock.

Source : Equity Bulls

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