CEAT – RTN asia

Ceat brings Pirelli two-wheeler tyres to India

2015-12-022015-12-02 | Sanjay Kumar

CEAT and Pirelli said that they had entered an exclusive partnership for distribution of Pirelli’s global range of motorcycle tyres in the Indian market. This sole partnership will leverage CEAT’s vast distribution and dealer network pan India, CEAT said. Pirelli is one of the world’s top tyre brands and is known as much for its […]

CEAT profit more than doubles as raw material costs decline

2015-07-222015-07-22 | Deepti Rajan

CEAT Limited reported flat first-quarter revenue at Rs 1,456 crore, while the company’s net profit jumped 134% to Rs. 121 crore and the EBITDA increased by 65% to Rs 224 crore due to lower input costs. Anant Goenka, Managing Director, CEAT Limited, said, “In this quarter, our sales growth was flat; however margins have improved […]