CEAT Q3 Results 2025:CEAT declared their Q3 results on 15 Jan, 2025, reporting a topline increase of 11.36% year-over-year (YoY). However, the company’s profit witnessed a sharp decline of 46.49% YoY, landing at ₹97.11 crore, with total revenue at ₹3299.9 crore. Comparatively, revenue declined by 0.14% from the previous quarter, while profit decreased by 20.32%.
In terms of operational efficiency, the Selling, General & Administrative expenses saw a reduction of 1.42% quarter-over-quarter (q-o-q) and a slight decrease of 0.59% YoY. However, the operating income faced challenges, dropping by 11.43% q-o-q and 31.28% YoY.
The Earnings Per Share (EPS) for Q3 was reported at ₹24.01, reflecting a significant decrease of 46.49% YoY. In light of these results, CEAT has delivered a -2.04% return in the last week, a 12.07% return over the last six months, and a -5.44% year-to-date return.
Currently, CEAT boasts a market capitalization of ₹12363.37 crore, with a 52-week high of ₹3578.8 and a low of ₹2210.15. Out of 19 analysts covering the company as of 16 Jan, 2025, 2 have issued a Strong Sell rating, 2 have recommended Sell, 3 have given Hold ratings, 2 have suggested Buy, and 10 have rated it as Strong Buy.
The overall consensus recommendation from analysts as of 16 Jan, 2025, is to Buy.
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