CEAT Q1 profit falls 28%; announces ₹450 cr capex for Chennai expansion

CEAT reported a 27.7% YoY drop in Q1 FY25 net profit to ₹112 crore, even as revenue rose 10.5% to ₹3,529 crore. The company also announced a ₹450 crore capex to expand its Chennai plant by FY27.

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