Tyre maker CEAT Ltd expects GST rate reduction to have structural positive impact in the coming quarters by aiding demand for two-wheelers, small cars and tractors, particularly in rural markets, ...

(Reuters) -Indian tyre maker CEAT reported a 52.6% rise in second-quarter profit on Friday on strong demand, as vehicle sales rose following the consumption tax cut and festive demand.

New Delhi: Indian tyre company CEAT Limited on Friday announced price reduction across its entire range of tyres to pass on the benefits of the recent Goods and Services Tax (GST) reforms. The company ...

In a significant development in the business world, Indian tire manufacturer Ceat has acquired Camso, a company previously owned by Michelin. This acquisition marks a strategic move for Ceat, as it ...

Ceat Ltd. expects demand for its tractor and commuter-motorcycle tyres to surge the most due to GST rate cuts, according to its chief executive officer. Ceat CEO Arnab Banerjee. The tyre maker has ...

Consolidated Revenue (Q4 FY25): INR 3,421 crore, 14.3% year-over-year growth. Consolidated Operating Margin (Q4 FY25): 11.5%, 101 basis points expansion quarter-over-quarter. Consolidated Profit After ...

Standalone Revenue Growth: 12.2% year-on-year growth. Standalone EBITDA: 507 crores. Standalone EBITDA Margin: 13.7%. Standalone Net Profit: 202.2 crores. Consolidated Revenue: 3,733 crores, 14.2% ...

An international team of researchers has found evidence of a mysterious new state of matter, first predicted 40 years ago, in a real material. This state, known as a quantum spin liquid, causes ...