CEAT Limited — Important, 29-07-2025: General Updates
29-07-2025 | 07:19 pm
29-07-2025 | 07:19 pm
CEAT acquired Camso OHT business from Michelin, expanding its global footprint and premium product offerings. Consolidated revenue grew 10.7% to Rs 13,218 Cr, with PAT at Rs 471 Cr, though margins faced raw material pressure. The Chennai plant achieved World Economic Forum's Lighthouse status for advanced manufacturing. The company is advancing capacity expansion and product innovation, supported by fresh capital authorization for Rs 1,000 Cr in NCDs. A minor regulatory fine was noted for NCD record date intimation. CEAT remains committed to Net Zero by 2050, with 49% energy from renewables.
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