CEAT Q2 FY15-16 profits up by 30% YoY

#hashtags: #CEAT Limited #RPG Group #Rs 1 #EBITDA #Rs 202 #YoY #Rs 115

CEAT Limited, flagship company of the RPG Group today announced its unaudited results for the second quarter ending September 30th, 2015. On a consolidated basis, the company’s PAT increased by 30% to Rs. 107 crore while revenue declined marginally by 2% to Rs 1,400 crore. The EBITDA increased by 15% to Rs 202 crore on a YoY basis. The consolidated EBITDA margins rose to 14.4% in Q2 FY15-16 compared to 12.4% in Q2 last year. On a standalone basis PAT rose by 40% YoY to Rs 115 crore for the quarter....