CEAT’s Board approved the appointment of Apurva Chandra and Paras K. Chowdhary as Additional Directors. Chandra will serve as a Non-Executive, Independent Director for five years, while Chowdhary joins as a Non-Executive, Non-Independent Director. Additionally, the board reviewed and approved unaudited standalone and consolidated financial results for Q2 FY26, with revenue reaching Rs. 3,772.7 crore on a consolidated basis.
Leadership Appointments
CEAT’s Board of Directors has approved the appointment of two new directors:
- Apurva Chandra: Appointed as an Additional Director in the capacity of Non-Executive, Independent Director for a term of 5 years, effective from October 17, 2025.
- Paras K. Chowdhary: Appointed as an Additional Director in the capacity of Non-Executive, Non-Independent Director, also effective from October 17, 2025.
These appointments follow recommendations from the Nomination and Remuneration Committee and are subject to shareholder approval.
Financial Performance: Q2 FY26
The Board also reviewed and approved the unaudited financial results for the quarter ended September 30, 2025 (Q2 FY26). Key highlights include:
Consolidated Results:
- Revenue from operations: Rs. 3,772.7 crore (up 14.2% year-over-year)
- EBITDA: Rs. 510.6 crore
- Profit after tax: Rs. 185.7 crore
Standalone Results:
- Revenue from operations: Rs. 3,701.1 crore (up 12.2% year-over-year)
- EBITDA: Rs. 506.8 crore
- Profit after tax: Rs. 202.2 crore
Committee Reconstitution
Effective October 18, 2025, the Board has reconstituted its committees, including the Audit Committee and the Nomination and Remuneration Committee, with updated memberships.
Source: BSE