CEAT · NSE: CEATLTD · BSE: 500878

Q1 FY24 results · Apr–Jun 2023

CEAT reported revenue from operations of ₹2,935.17 crore (up 4.1% from Q1 FY23) and net profit of ₹144.01 crore (up 1559.1% from Q1 FY23) for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	2,935.17	2,818.38	+4.1%	2,874.82	+2.1%
Other income	3.25	2.76	+17.8%	2.39	+36.0%
Total income	2,938.42	2,821.14	+4.2%	2,877.21	+2.1%
Profit before share of associates & JVs and tax	199.28	3.77	53x	169.77	+17.4%
Share of profit/(loss) of associates & JVs	(2.40)	6.08		7.69
Net profit for the period	144.01	8.68	17x	132.42	+8.8%
Attributable to shareholders of the company	144.61	9.25	16x	133.70	+8.2%
EPS, basic (₹)	35.75	2.29	16x	33.05	+8.2%
Net margin (%)	4.9	0.3		4.6

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	2,921.18	2,803.08	+4.2%	2,862.74	+2.0%
Other income	16.17	2.76	+485.9%	2.23	+625.1%
Total income	2,937.35	2,805.84	+4.7%	2,864.97	+2.5%
Profit before tax	212.24	3.49	61x	173.07	+22.6%
Net profit for the period	159.44	2.55	63x	132.00	+20.8%
EPS, basic (₹)	39.42	0.63	63x	32.63	+20.8%
Net margin (%)	5.5	0.1		4.6

Consolidated

Filed with BSE: 25 Jul 2023, 19:35 IST
Board meeting: 25 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 25 Jul 2023, 19:35 IST
Board meeting: 25 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE