Quarterly Result20 Jan 2026, 04:17 am
Ceat Ltd. Approves Capacity Expansion at Chennai Plant and Reports Q3 Results
AI Summary
Ceat Ltd. announced the outcomes of its recent Board Meeting, which included the approval of a proposed capacity addition at the company's Chennai plant. The new capacity is expected to add approximately 35 lakh tyres per annum by the first half of FY2028. The investment of around Rs. 1,314 Crores will be funded by a mix of internal accruals and debt. The company also released its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Key Highlights
- Ceat Ltd. approves a proposed capacity addition of 35 lakh tyres per annum at its Chennai plant.
- The new capacity is expected to be added by the first half of FY2028.
- The investment of approximately Rs. 1,314 Crores will be funded by a mix of internal accruals and debt.
- The company reported its unaudited standalone and consolidated financial results for Q3 FY2025-2026.
- The results showed a revenue from operations of Rs. 3,98,365 lakhs for the quarter ended December 31, 2025.