CEAT Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

The Board has approved the unaudited financial results for the quarter and half-year, showing revenues of ₹329.18 crore and ₹975.81 crore with net profits of ₹95.97 crore and ₹381.72 crore, respectively. The Company will also enhance capacity at its Nagpur plant by 30% by FY2027-28 with an investment of ₹400 crore, funded through internal accruals and debt, anticipating strong demand in the Indian 2/3-wheeler industry. Additionally, the Board has approved changes in key policies regarding fair disclosure and related party transactions.