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CEAT’s Q2 profit surges 52.6% on stronger tyre demand
CEAT posts ~52.
Tyre major **CEAT** delivered a strong second quarter, with consolidated net profit jumping 52.6% to ₹186 crore, driven by robust vehicle demand following the tax cuts and festive season demand. Revenue growth and improved utilization supported the margin expansion. The results were well-received, sending the stock higher during intraday trade. Analysts anticipate further gains if OEM demand remains stable and raw material costs stay manageable.