CEAT Ltd share price inched up 2.09% to Rs 3357.75 after the company's net profit tanked by 11800% to Rs 117.0 crore, while revenue from operations increased 10.28% to Rs 4762.0 crore in Q3FY26 over Q2FY26.
The market capitalization of Tyres & Rubber Products industry group stocks on BSE stood at Rs 1.59 lakh crore, easing 4.07%. It has softened by 0.32% over last one week and fell by 8.17% in last one month while the market capitalization of CEAT Ltd has improved by 1.68% and 12.31% in the same period respectively.
Profit before tax (PBT) of CEAT Ltd stood at Rs 169.0 crore in Q3 FY26, plunging by 31.30% year-on-year, and rallying 428.13% quarter-on-quarter. EBITDA came in at Rs 452 crore, declining 9.42% YoY and jumping 25.91% sequentially.
Total expenses posted a minor rise of 8.67% to Rs 4498.0 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 3234.0 crore, growing marginally by 8.60% YoY, while employee benefits expense was at Rs 321.0 crore, registering a growth of 8.45% YoY.
For the TTM ended FY26, revenue from operations advanced 18.61% to Rs 15678.0 crore, while net profit surged by 51.48% to Rs 681.0 crore, compared to previous TTM. EBITDA jumped by 158990% to Rs 2007.0 crore, and PBT witnessed a strong rise of 54.44% to Rs 960.0 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1785.55 crore in FY26, as against Rs 1091.96 crore in FY25.
CEAT Ltd plunged by 8% in last one year, outperforming the benchmark BSE Sensex which has declined by 11.29% during the same period.