Ceat sees net profit in Q4 as input prices soften


MUMBAI, Jan 30 (Reuters) - Automotive tyremaker Ceat Ltd will post a profit in the Jan-March period after three consecutive quarters of losses as input prices soften, a top official said. "We are seeing a profit in Q4, we will return to the black as input costs have come down," said Managing Director Paras Chowdhary. Ceat had posted a net loss of 216.4 million rupees for the Oct-Dec quarter hurt by mainly by high raw material costs, he added. (Reporting by Aniruddha Basu; Editing by Prem ...

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