CEAT Stock Impact: Why The Company Took A ₹50 Crore Forex Loss | CFO Breaks It Down

Why did CEAT report a ₹50 crore forex impact in Q1 FY27? In this exclusive interview with Business Today TV, CEAT CFO Kumar Subbiah explains how the depreciation of the Sri Lankan rupee affected the company's earnings and why this exposure could not be hedged. He reveals that while all Indian forex exposures are fully hedged, Sri Lanka's currency market presents unique challenges. The company has now received board approval to convert $24.5 million of debt into equity, strengthening its Sri Lankan subsidiary's capital structure and reducing future currency risk. Kumar Subbiah also explains how higher US dollar revenues and local currency funding will help mitigate forex volatility going forward. Watch the full conversation for key insights.