CEAT Q1 profit hit by margin pressure despite 22% revenue growth; plans ₹1,205 crore expansion

CEAT Ltd reported a 96.4% net profit fall to ₹4 crore for Q1 FY27 on July 16. Despite this, revenue grew 22.4% to ₹4,318 crore. The firm now plans a ₹1,205 crore expansion to add 53,000 tyres daily capacity by FY2031, aiming to boost growth despite ongoing margin pressures.