CEAT Ltd, leading tyre manufacturer, has come out with its net profit for the first quarter ended June 30, 2009. The company posted a net profit of Rs 60.2 crore in the latest quarter.

The company today announced that its net sales stood at Rs 674 crore.

Its operating profit before tax to net sales ratio of 13.5% in the first quarter is the highest in the industry.

CEAT's Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of 16.3% is again the industry-best for the first quarter.