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CEAT plans ₹1k cr capex in FY26, sees double-digit growth
The New Indian Express Madurai
|May 01, 2025
CEAT Ltd, one of the country's leading Indian tyre manufacturers, expects double-digit revenue growth in FY26 despite macro-economic and global challenges affecting the tyre industry.
"In the fiscal and the quarter (Q4FY25) gone by, we delivered double-digit growth. We would have grown higher than the industry in FY25. While there are some macro-economic challenges like the US tariff, we are again targeting double-digit growth in FY26," Kumar Subbiah, CFO of CEAT told TNIE. It reported a 14.3% YoY rise in Q4 revenue to ₹3,420.6 crore, up from ₹2,991.9 crore in the same quarter last year. However, net profit fell 8.4% to ₹99.5 c
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