Stock Report

CEAT Ltd posts Rs. 208 crores consolidated PAT in Q2 FY2024



Posted On : 2023-10-16 23:03:43( TIMEZONE : IST )

CEAT Ltd posts Rs. 208 crores consolidated PAT in Q2 FY2024

CEAT Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3063.79 crores during the period ended September 30, 2023 as compared to Rs. 2938.42 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 208 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 144.61 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 51.42 for the period ended September 30, 2023 as compared to Rs. 35.75 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 3063.79 crs ₹2938.42 crs Up Tick / Down Tick4.27%
Net Profit ₹208 crs ₹144.61 crs Up Tick / Down Tick43.84%
EPS ₹51.42 ₹35.75 Up Tick / Down Tick43.83%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 3063.79 crores during the period ended September 30, 2023 as compared to Rs.2904.25 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.208 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.7.83 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.51.42 for the period ended September 30, 2023 as compared to Rs.1.93 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 3063.79 crs ₹2904.25 crs Up Tick / Down Tick5.49%
Net Profit ₹208 crs ₹7.83 crs Up Tick / Down Tick2,556.45%
EPS ₹51.42 ₹1.93 Up Tick / Down Tick2,564.25%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6002.21 crores during the 6 Months period ended September 30, 2023 as compared to Rs.5725.39 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.352.61 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.17.08 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.87.17 for the 6 Months period ended September 30, 2023 as compared to Rs.4.22 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹6002.21 crs ₹5725.39 crs Up Tick / Down Tick4.83%
Net Profit ₹352.61 crs ₹17.08 crs Up Tick / Down Tick1,964.46%
EPS ₹87.17 ₹4.22 Up Tick / Down Tick1,965.64%

Shares of CEAT Limited was last trading in BSE at Rs. 2101.30 as compared to the previous close of Rs. 2137.60. The total number of shares traded during the day was 12620 in over 1642 trades.

The stock hit an intraday high of Rs. 2160.00 and intraday low of 2091.00. The net turnover during the day was Rs. 26734329.00.

Source : Equity Bulls

Keywords

CEAT Q2FY24 H1FY24 ResultUpdate