Audi Modellpalette Bis 2020 Performance And New Engine

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The company’s PAT added by 27 percent year-on-year to Rs 113 crore, while acquirement beneath hardly by 2 percent to Rs 1,374 crore.

The EBITDA added by 10 percent to Rs 202 crore on a year-on-year basis. The circumscribed EBITDA margins rose to 14.7 percent in Q3 FY15-16 compared to 13.1 percent in Q3 aftermost year.

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“Reduction in boilerplate borrowings levels accompanying with abridgement in absorption ante led to absorption costs abridgement this quarter. Our debt/equity currently stands at a advantageous 0.4,” Manoj Jaiswal, Chief Banking Officer, CEAT, said.

Further, it has transferred its Ambernath acreage to CSTL which will be acclimated for ambience up a ability to accomplish OTR (off the road) adorable tyres.

“Given the able advance abeyant in the OTR area and its synergy with CEAT capabilities, we accept taken a cardinal accommodation to access our focus there. CSTL has been created to ensure committed focus and drive appear this opportunity. We will be advance Rs 330 crore for an antecedent accommodation of 40 MT/day. The facility, with a primary focus on exports market, will attestant phased amplification over the years,” Anant Goenka, Managing Director, CEAT said.

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CEAT’s OEM articulation started accouterment to Mahindra Imperio, Hero Maestro Edge and Duet models. Further, Royal Enfield Himalayan and Honda Navi was afresh launched on CEAT. The aggregation has added roped in one of India’s finest batsmen, Rohit Sharma, for a 3-year bat endorsement accord this quarter.

Audi Modellpalette Bis 2020 Performance And New Engine – Audi Modellpalette Bis 2020
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