Toll Free Number Toll Free: 1800 103 1369 Email Us Email Us: customercare@canmoney.in

Markets

Market

News Details

(28/10/2026 20:52)

Ceat Q2 net profit down 18.90% at Rs 164.00 cr

The company reported standalone net profit of Rs 164.00 crore for the quarter ended September 30, 2026 as compared to Rs 202.23 crore in the same period last year, registering a year-on-year decline of 18.90 per cent.

Net revenue of the company rose substantially by 22.88 per cent at Rs 4,548.00 crore in July-September quarter of this fiscal as against Rs 3,701.11 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 27.95 per cent to Rs 4,087.00 crore from Rs 3,194.27 crore in year ago period.

Other Income grew by 142.42 per cent at Rs 40.00 crore versus (Sep'25 Rs 16.50 crore).

Operating Profit slipped by 9.04 per cent to Rs 461.00 crore as against Rs 506.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.93 per cent in September quarter.

Interest grew by 10.51 per cent y-o-y to Rs 96.00 crore, while Taxation decreased by 18.69 per cent at Rs 55.00 crore (Sep'25 Rs 67.64 crore).