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Ceat’s Q1 2014 results on July 22

India’s fourth largest tyre maker Ceat will announce its results for the first quarter of the financial year 2014-15 on July 22, 2014.
The Mumbai-based company announced the result date in its filing to the BSE.
The company’s fourth quarter of last fiscal results were disappointing as its net net profit dipped 3.86% to Rs 62.42 crore on higher tax. The company paid tax of Rs 31.2 crore in the quarter ended March 31 against Rs 19.4 crore a year ago period.
However, Ceat’s net profit for the financial year 2013-14 increased 126% to Rs271 crore on higher sales and low raw material prices.
The company’s full year revenue too soared 10% to Rs5,508 crore compared to Rs5,304 crore in the previous year.

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