Auto Tyres & Rubber Products company Ceat announced Q1FY26 results Revenue from operations rose 10.5 % YoY to Rs 3,529 crore and 3.2 % QoQ. EBITDA stood at Rs 386 crore; margin slipped 122 bps YoY (-56 bps QoQ) to 10.9 % owing to higher marketing spend and a marginally higher raw-material basket. PAT came in at Rs 112 crore, down 27 % YoY and 13 % QoQ. Gross debt reduced by Rs 115 crore during the quarter to Rs 1,814 crore; Debt/Equity improved to 0.40x and Debt/EBITDA to 1.21x. Arnab Banerjee, MD & CEO, CEAT Limited, said: "We continue to grow at a strong pace with double-digit growth in top-line, driven by OEM and replacement segments. Looking ahead, we are well poised to ride the premiumisation and electrification trend in domestic market, and renew our growth in international markets with stability in geopolitical situation.” Kumar Subbiah, CFO, CEAT Limited, said: “Q1 saw strong growth and high-capacity utilisation at all our manufacturing facilities. This growth came on the back of increase in demand from OEM and replacement segments. As Q1 is a marketing heavy quarter with significant marketing costs associated with IPL, operational margins saw a slight dip. Efficient cash flow management helped in gross debt coming down by Rs 100 crore during the quarter.” Result PDF