Ceat Q1 revenue rises 22%, announces Rs. 1,205 crore investment
India, July 17 -- Ceat Limited has announced its financial results for the first quarter of FY2026-27, reporting a 22 per cent year-on-year increase in consolidated revenue despite margin pressures caused by rising raw material costs. The tyre manufacturer also announced a major investment of Rs. 1,205 crore to expand its two-wheeler tyre production capacity.
For the quarter ended June 30, 2026, Ceat reported consolidated revenue of Rs. 4,318 crore, up 22 per cent compared to the same period last year. However, profitability came under pressure as EBITDA margin stood at 8.56 per cent, while net profit was reported at Rs. 4 crore.
On a standalone basis, the company posted revenue of Rs. 4,163 crore, marking an 18 per cent year-on-year gr...
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