Ceat Ltd. Q2FY25 Financial Results
Ceat Ltd., an auto tyres and rubber products company, has announced its Q2FY25 quarterly results. The company reported robust revenue growth, driven by strong performance in replacement and international sectors. However, margins were impacted due to rising commodity prices.
RI
by RA ALOK DAIYA SEBI Reg. INH000011468
Consolidated Financial Performance
Revenue
Ceat Ltd. achieved its highest-ever revenue of Rs 3,304.5 crore in Q2FY25.
EBITDA Margin
The EBITDA margin stood at 11.1%, contracting by 102 bps compared to Q1FY25.
Net Profit
The company reported a net profit of Rs 121.5 crore for the quarter.
Standalone Financial Highlights
The standalone performance closely mirrored the consolidated results. The slight difference in net profit indicates stronger performance in the parent company.
Management Commentary and Outlook
1
Revenue Growth
Robust performances in Replacement and International sectors drove the highest-ever quarterly revenue.
2
Commodity Price Impact
Rising commodity prices significantly impacted margins during the quarter.
3
Pricing Strategy
Selective price increases were implemented to partially offset the cost impact.
4
Future Outlook
Management remains positive about revenue outlook entering Q3FY25.