CEAT Ltd, Mumbai headquartered, a flagship company of the RPG Enterprises, has presented its Q3 FY 2018-19 numbers today afternoon. The Company's standalone revenue for the quarter ended 31 December 2018 stood at INR 1673.41 Cr vs INR 1549.96 Cr for the same corresponding period last year, showing 8% revenue growth year-on-year basis. CEAT registered 2.60% de-growth as far as revenues are concern on a QoQ basis (INR 1718.16 CR for July to September '18 quarter) Its consolidated total income
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Q1 FY19 has been a spectacular quarter, as far as profitability is concern, for the Indian TYRE sector. All most all the companies have registered a superb performance during this period - many thanks to the increasing demand from the OEMs, as well as, in the replacement market. Common Parameters for Such Performance for the Sector Are – Stable Crude Oil prices Range bound natural rubber prices Strong demand from the Auto manufacturers Market Leader Performance: For the Q1
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