CEAT’s net profit slid 39.8% YoY to ₹112 crore, nudging its NSE-listed shares 1.89% higher to ₹3,351 after the earnings release.
Revenue from operations surged 26.2% to ₹4,762 crore, yet EBITA shrank 9.1% to ₹457 crore, pushing the EBITDA margin down to 9.6% from 13.3% a year earlier.
The drop stems largely from a one‑time ₹13 crore voluntary retirement scheme expense and persistently elevated raw‑material costs amid the West‑Asia tension.
MD‑CEO Arnab Banerjee said the company kept revenue momentum by growing premium segments, and that tighter cost controls and disciplined execution helped offset the price‑pressure.
CFO Kumar Subbiah flagged that a ₹490 crore capital‑expenditure push and dividend payouts pushed debt higher, but he projected that calibrated pricing and a lean product mix will support double‑digit growth in H2 FY27.
Analysts now see the firm balancing higher cost inputs with modest price increases, but the earnings miss still weighs on the shares’ short‑term trajectory.