Ceat has reported a 22% year-on-year rise in consolidated revenue to Rs. 4,318 crore for Q1 FY2026-27 despite margin pressure from rising raw material costs.

CEAT shares dropped over 9% on Friday after reporting a significant profit decrease. The tyre maker's net profit fell 96% year-on-year to Rs 4 crore. Higher raw material costs due…

Ceat has reported a 22% year-on-year rise in consolidated revenue to Rs. 4,318 crore for Q1 FY2026-27 despite margin pressure from rising raw material costs.