Ceat reported strongest revenue growth over the past seven
quarters in Q3FY25. Revenue came in at Rs 32,999 million rising
11.4% YoY in December Quarter 2024. Revenue was driven by
healthy volume growth in replacement segment and international
business. Earnings before depreciation, interest, tax and
amortization (EBITDA) margin contracted 375 basis points (bps) in
Q3FY25 on account of higher raw material cost and interest
expenditure. EBITDA margins stood at 10.43% in December
quarter 2024 vs 14.19% same period previous year
