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News 2026-10-15 04:12 UTC

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 narr