CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost

CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore, driven by the replacement segment. The company partially offset increased costs through selective price hikes. Demand is stable, and a robust order book is expected for Q4.