CEAT's Q3 FY 2025-26 Quarterly Results
- 1d ago
Result Summary
- CEAT Ltd reported a 10.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 26.0%.
- Its expenses for the quarter were up by 10.1% QoQ and 22.4% YoY.
- The net profit decreased 16.3% QoQ and increased 60.2% YoY.
- The earnings per share (EPS) of CEAT Ltd stood at 38.59 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 4163.10 | 3776.51 | 3303.33 | 10.2% | 26.0% |
Total Expenses | 3886.80 | 3530.08 | 3175.58 | 10.1% | 22.4% |
Profit Before Tax | 218.34 | 246.43 | 127.75 | -11.4% | 70.9% |
Tax | 67.61 | 67.95 | 36.14 | -0.5% | 87.1% |
Profit After Tax | 155.40 | 185.71 | 97.03 | -16.3% | 60.2% |
Earnings Per Share | 38.59 | 45.98 | 24.01 | -16.1% | 60.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
CEAT Ltd is a prominent player in the tire manufacturing industry, known for producing a wide range of tires for various vehicle types, including two-wheelers, passenger cars, utility vehicles, commercial vehicles, and off-road vehicles. The company operates within the highly competitive automotive sector, where innovation, quality, and cost efficiency are critical for maintaining market position. CEAT has been focusing on expanding its product portfolio and enhancing its distribution network to cater to a broader customer base. As of the latest available data, there are no specific recent major developments indicated for CEAT Ltd.
Revenue
For the third quarter of fiscal year 2026 (Q3FY26), CEAT Ltd reported a total income of ₹4163.10 crores. This represents a 10.2% growth from the previous quarter (Q2FY26), where the total income was ₹3776.51 crores. Compared to the same quarter in the previous year (Q3FY25), the total income increased by 26.0%, up from ₹3303.33 crores. This upward trend in revenue reflects a significant year-over-year increase, suggesting expanding business operations or an increase in product demand over the year. The quarter-over-quarter growth also indicates a positive momentum in the company's revenue generation.
Profitability
In terms of profitability, CEAT Ltd experienced a profit before tax (PBT) of ₹218.34 crores in Q3FY26. This marks an 11.4% decrease from the previous quarter's PBT of ₹246.43 crores. However, when compared to Q3FY25, there is a notable year-over-year increase of 70.9% from ₹127.75 crores. The tax expense for Q3FY26 was ₹67.61 crores, slightly lower than the previous quarter's ₹67.95 crores, but significantly higher than the ₹36.14 crores recorded in Q3FY25, indicating an 87.1% increase year-over-year. The profit after tax (PAT) for Q3FY26 was ₹155.40 crores, showing a decline of 16.3% from Q2FY26's PAT of ₹185.71 crores but a year-over-year increase of 60.2% from ₹97.03 crores in Q3FY25.
Operating Metrics
CEAT Ltd’s earnings per share (EPS) for Q3FY26 stood at ₹38.59, which decreased by 16.1% from the previous quarter's EPS of ₹45.98. However, this represents a substantial year-over-year growth of 60.7% from an EPS of ₹24.01 in Q3FY25. The total expenses for Q3FY26 were reported at ₹3886.80 crores, reflecting a 10.1% increase from Q2FY26 and a 22.4% rise year-over-year from Q3FY25, where expenses were ₹3175.58 crores. These figures indicate an increase in operational costs over both the quarter and the year, which could be attributed to various factors such as production scale-up, input cost variations, or other operational expansions.