CEAT Q3 Profit Soars 60%, Announces ₹1,314 Crore Chennai Plant Expansion

• CEAT's consolidated net profit jumped 60.3% to ₹155.7 crore in Q3, driven by strong volume growth and market sentiment.
• Revenue climbed 26% to ₹4,157 crore, with EBITDA surging 65.2% to ₹563.3 crore, improving margins to 13.5%.
• MD & CEO Arnab Banerjee attributed growth to strong revenue across segments, GST rate reductions, and international opportunities.
• CFO Kumar Subbiah noted top-line growth, operating leverage, and stable commodity prices as key drivers for margin improvement.
• CEAT plans a ₹1,314 crore capacity expansion at its Sriperumbudur, Chennai plant to add 35 lakh tyres annually by H1 FY28.

Why It Matters: CEAT reports strong Q3 profit growth and announces a significant capacity expansion in Chennai.