Sun. Jan 29th, 2023

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

CEAT records a consolidated loss of Rs. 35 cr in Q1FY21

1 min read
Ceat

Web

CEAT Ltd. announced its quarterly results on July 29, 2020. Consolidated net revenue in Q1FY21 stood at Rs1,120.16cr, which declined by 36.07% yoy from Rs1,752.1cr in Q1FY20.

EBITDA stood at Rs102.01cr in Q1FY21 that decreased by 38.96% yoy. For Q1FY20, it had posted EBITDA of Rs167.13cr. EBITDA margin as of Q1FY21 was at 9.11% that declined by 43bps yoy against the same quarter, the previous year.

The consolidated net loss in Q1FY21 came in at Rs35.24cr that declined by 142.87% yoy, as compared to Q1FY20 when it had reported a profit of Rs82.2cr. The net profit margin in Q1FY21 came in at -3.15% that declined by 7.84% yoy. The net profit margin for Q1FY20 was at 4.69%. The profit attributable to equity shareholders in Q1FY21 is Rs-34.76cr as against Rs82.6cr in previous year for the same quarter.

The share closed at Rs867.45 with a decline of 1.11% in today’s session on BSE.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.