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CEAT zooms on 5x rise in Q4 profits, surprise gross-margin growth

Analysts believe that raw material price correction helped margins. Gross margin expanded to 40.1 percent in the March quarter, increasing 658 basis points from the year-ago period and 556 bps from the December quarter

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​ Analysts believe that raw material price correction helped margins. Gross margin expanded to 40.1 percent in the March quarter, increasing 658 basis points from the year-ago period and 556 bps from the December quarter Analysts believe that raw material price correction helped margins. Gross margin expanded to 40.1 percent in the March quarter, increasing 658 basis points from the year-ago period and 556 bps from the December quarter  Moneycontrol Latest News Read More  

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