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CEAT s consolidated net profit surged 195.9% to Rs 153.02 crore on 45.5% surge in net sales to Rs 2,289.72 crore in Q4 FY21 over Q4 FY20.On a consolidated basis, EBITDA surged 32% to Rs 268.70 crore in Q4 FY21 compared with Rs 202.90 crore in Q4 FY20. EBITDA margin stood at 11.7% in Q4 FY21 from 12.9% in Q4 FY20. The debt-to-equity ratio stood at 0.42x in Q4 FY21 as against 0.66x in Q4 FY20. Commenting on the results as well as the outlook of the business, Anant Goenka, managing director (MD) of CEAT, said: It has been a very satisfactory year with record sales and profitability especially in a year that has been marked by uncertainty due to COVID-19. We gained market share in PCR and TBR segments. Encouraged by buoyancy in demand, we added new capacity in the TBR segment. Towards the latter part of the year due to increase in commodity prices, there has been some erosion in gross margins which prompted us to take a small increase in price. Frequent lockdowns and high commodity pri

Tamil naduAnant goenkaTruck bus radialPer dayCapital marketCement amp concrete manufacturingTire amp tube manufacturersTyre manufacturerRetail demandManaging directorAnant goenkaதமிழ் நாடுஒரு எறும்பு கொெந்க்டிரக் பேருந்து ஆரம்ஒன்றுக்கு நாள்மூலதனம் சந்தை