CEAT’s Q1 Profit Nearly Wiped Out By Higher Costs
An automobile tyre. (Photographer: Gianluca Colla/Bloomberg)

CEAT’s Q1 Profit Nearly Wiped Out By Higher Costs

CEAT Ltd.’s net profit declined during the April-June quarter, missing analyst estimates, due to higher raw material cost and de-stocking ahead of the implementation of the Goods and Services Tax.T...
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