Results - Announcements
CEAT Ltd share price ticked higher by 2.09% to Rs 3357.75 after the company's net profit witnessed a sharp fall of 11800% to Rs 117.0 crore, while revenue from operations gained 10.28% to Rs 4762.0 crore in Q3FY26 over Q2FY26.
The market capitalization of Tyres & Rubber Products industry group stocks on BSE stood at Rs 1.55 lakh crore, easing 4.07%. It has inched up 0.60% over last one week and eased lower by 6.02% in last one month while the market capitalization of CEAT Ltd has marginally improved by 4% and 5.42% in the same period respectively.
Profit before tax (PBT) of CEAT Ltd stood at Rs 169.0 crore in Q3 FY26, nosediving by 31.30% year-on-year, and expanding by 428.13% quarter-on-quarter. EBITDA came in at Rs 452 crore, slipping 9.42% YoY and surging by 25.91% sequentially.
Total expenses posted a minor rise of 8.67% to Rs 4498.0 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 3234.0 crore, inching up 8.60% YoY, while employee benefits expense was at Rs 321.0 crore, improving by 8.45% YoY.
For the TTM ended FY26, revenue from operations grew 18.61% to Rs 15678.0 crore, while net profit soared by 51.48% to Rs 681.0 crore, compared to previous TTM. EBITDA surged by 158990% to Rs 2007.0 crore, and PBT soared 54.44% to Rs 960.0 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1785.55 crore in FY26, as against Rs 1091.96 crore in FY25.
CEAT Ltd declined by 3.34% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 11.27% during the same period.