Ceat Ltd Approves ₹1,205 Crore Two-Wheeler Capacity Expansion Plan

Q1 FY27 Consolidated Results YoY: Revenue at 4318 Cr vs 3529 Cr, up 22.4%. EBITDA at 370 Cr vs 386 Cr, down 4.1%. EBITDA Margin at 8.6% vs 10.9%, contraction of 238bps; cost of materials grew 33.0% vs revenue growth of 22.4%; management cited West Asia-led commodity inflation. PAT at 4 Cr vs 112 Cr, down 96.4%. Board approved Rs. 1,205 Cr investment for two-wheeler capacity expansion (~53k tyres/day) to be implemented in phases by FY31.