CEAT Limited has announced its unaudited financial results for the quarter ended December 31, 2025 (Q3 FY26). The company reported a consolidated revenue from operations of ₹4,157.1 crore, marking a significant increase of 26.0% year-on-year (YoY) and 10.2% quarter-on-quarter (QoQ). This growth was driven by healthy YoY volume growth across segments, with the Replacement and International Business segments leading the QoQ growth. The International Business continues to show strong recovery and demand from key markets.

Consolidated EBITDA for the quarter stood at ₹568.0 crore, a substantial increase of 64.0% YoY and 11.2% QoQ. The EBITDA margin improved to 13.7%, up by 317 basis points YoY and 13 basis points QoQ. This improvement in margins was observed despite a marginal increase in the RM basket and a slight softening of realizations on a YoY and QoQ basis. Notably, a provision of approximately ₹58 crore was created during the quarter to comply with new labor codes.

The company's debt stood at ₹2,931 crore as of Q3 FY26, with a Debt-to-Equity (D/E) ratio of 0.62x and a Debt-to-EBITDA ratio of 1.58x. Capex outflow for the quarter was around ₹254 crore. CEAT Limited also highlighted its ESG initiatives, including aiming for company-wide emission reductions aligned with science-based Net-Zero targets, increasing plant power from renewable sources to approximately 33%, and using around 30% sustainable materials in tyre manufacturing. Social initiatives include educational programs for students and teachers, restoration of ecological areas, and women's empowerment through entrepreneurship development training.