CEAT Ltd June 2026 quarter (Q1 FY27)

$CEATLTD missed profit estimates sharply for the quarter ended 30 June 2026. Consolidated net profit fell 96.4% year‑on‑year to ₹40 million, far below analyst expectations of about ₹927 million, as rising raw‑material prices heavily compressed margins despite price hikes. Revenue from operations still rose 22% year‑on‑year to ₹4,318 crore (₹43.18 billion), only slightly below consensus, indicating demand and volumes remain healthy even as profitability has dropped.