CEAT Limited’s board approved the appointment of Apurva Chandra and Paras K. Chowdhary as Additional Directors. Mr. Chandra will serve as an Independent Director for five years, while Mr. Chowdhary joins as a Non-Independent Director. The board also approved Q2 FY26 standalone revenue of ₹3,701.1 crore, a 12.2% increase YoY, with an EBITDA of ₹506.8 crore. The consolidated revenue was ₹3,772.7 crore, up 14.2% Y-o-Y, and net profit stood at ₹185.7 crore.
Leadership Appointments
The Board of Directors has approved the appointment of two Additional Directors:
- Apurva Chandra: Appointed as Non-Executive, Independent Director for a term of five years, effective October 17, 2025, subject to shareholder approval.
- Paras K. Chowdhary: Appointed as Non-Executive, Non-Independent Director, effective October 17, 2025, subject to shareholder approval.
Reconstituted Committees
Effective October 18, 2025, the Board has reconstituted its committees as follows:
Audit Committee
- Mr. Milind Sarwate: Chairman
- Ms. Sukanya Kripalu: Member
- Mr. Paras K. Chowdhary: Member
Nomination and Remuneration Committee
- Ms. Sukanya Kripalu: Chairperson
- Ms. Daisy C.: Member
- Dr. Santrupt Misra: Member
- Mr. Paras K. Chowdhary: Member
Q2 FY26 Financial Highlights (Standalone)
The company announced the following standalone financial results for Q2 FY26:
- Revenue from operations: ₹3,701.1 crore, up 12.2% year-over-year.
- EBITDA: ₹506.8 crore.
- Net Profit: ₹202.2 crore.
Q2 FY26 Financial Highlights (Consolidated)
The company announced the following consolidated financial results for Q2 FY26:
- Revenue from operations: ₹3,772.7 crore, up 14.2% year-over-year.
- EBITDA: ₹510.6 crore.
- Net Profit: ₹185.7 crore.
Operational Highlights
- Secured a Deming Grand prize.
- 960+ plant species have been planted at the Nest, Malabar Hills.
- Conducted 4,300+ sessions impacting 21,300+ students and 130+ teachers, while Teacher Training program held 180+ Saathi Sessions and 3,100+ classroom supports, reaching ~1,400 teachers
- Received Official permission letter received from BMC Education Officer for the academic year 2025-26.
Source: BSE