BUZZ — India's CEAT falls after quarterly profit slump

* Shares of tyremaker CEAT down 2.5% at 3,275 rupees, biggest pct fall since August 31, 2026 * Quarterly profit down 40%, weighed by rise in expenses * West Asia crisis kept raw material costs high and did present challenges, but we responded with tighter cost controls, disciplined execution, co said * Core margin narrowed to 9.5% in Q2 from 13.5% in year-ago period * However, demand remained healthy with revenue up 26% y/y to 47.62 billion rupees * In H2, co aims to deliver double-digit growth and roll out further price hikes * YTD, shares down 13.5% ($1 = 94.9150 Indian rupees) (Reporting by Saikeerthi in Bengaluru) ((Saikeerthi@thomsonreuters.com;)