Indian tire-maker Ceat reports 27% y/y increase in Q3 net profit to USD17 million

News
Financial results

Company benefited from low raw materials prices, decline in finance costs during the quarter

Ceat has reported a 27% year-over-year (y/y) increase in net profit to INR1.1 billion (USD17.1 million) in the third quarter ended 31 December 2015, the India-based tire-maker said in a press release.

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