CEAT Q1 Margins Fall, Expansion Planned

  Published 8 months ago

CEAT’s Q1 FY26 margins declined despite strong OEM and replacement demand; the company announces a ₹450 crore Chennai plant expansion plan.

  • Q1 profit fell to ₹159 crore; EBITDA margin slipped to 10.9% due to higher raw material and marketing costs.
  • CEAT plans ₹450 crore capex to expand Chennai plant capacity by 35%, targeting the growing PCUV segment demand.
  • CEO reappointed; company expects growth from premiumization, EV trends, and stable global conditions aiding exports.

You might like these

Ather & Infineon Partner for India's EV Future

Indian Sucrose Ltd Stock Surges 20%

Tracxn Technologies Shares Plunge

RBI Economic Capital Framework Revised

USFDA Clears Dr. Reddy’s Facility

Indian Refiners Slip on Tariff, Russia Jitters

Tata Communications Outperform Rating & Growth Outlook

News that matters the most ⚡