Indian businesses are continuing to perform well, especially in sectors such as banks, auto, telecom, capital goods and industrials, according to Chandraprakash Padiyar, Senior Fund Manager at Tata Mutual Fund. While there are pockets of lower growth or profit margin impact, Padiar is optimistic about the ongoing strong numbers. The two-wheeler sector faces volume growth challenges, but some companies are reporting strong profit margins and profitability
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore,
January 15, 2025