JK Tyre & Industries
348.10
+3.55(+1.03%)
Market Cap₹9,538.64 Cr
PE Ratio20.42
IndustryAutomobiles
Company Performance:
1D+1.03%
1M+6.53%
6M+29.24%
1Y-17.11%
5Y+488.50%
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More news about JK Tyre & Industries
08Aug 25
JK Tyre Reports 11% Sales Growth in Q1, Net Profit Rises to ₹155 Crore
JK Tyre & Industries announced strong Q1 results with total revenues of ₹3,891.00 crore, up 11% year-on-year. The company's net profit after tax reached ₹155.00 crore, a 51% increase from the previous quarter. EBITDA stood at ₹424.00 crore with a 10.90% margin. Growth was driven by steady demand in replacement and OE segments. Exports of passenger car tyres showed strong traction. Both subsidiaries, Cavendish and Tornel, contributed significantly to overall financials. The company expects tyre demand to increase in the second half of the fiscal year.
08Aug 25
JK Tyre Reports 51% Jump in Quarterly Profit to Rs 155 Crores
JK Tyre & Industries Limited announced robust Q1 FY24 results with total revenue of ₹3,891 crore and PAT of ₹155 crore, marking a 51% increase from the previous quarter. The company achieved 11% year-on-year sales growth in both domestic and export markets, with strong performance in replacement and OE segments. Subsidiaries Cavendish and Tornel contributed significantly to overall results. Standalone revenue stood at ₹2,877 crore with PAT of ₹143 crore. JK Tyre maintains its position among the top 20 global tyre manufacturers.
01Aug 25
JK Tyre Schedules Key Meetings for Proposed Merger with Cavendish Industries
JK Tyre & Industries Limited has announced meetings for equity shareholders and unsecured creditors on September 3, 2025, to consider the proposed merger with Cavendish Industries Limited. The meetings will be held via video conferencing. Remote e-voting will be available from August 31 to September 2, 2025. Justice Vijender Jain will chair the meetings, with Mr. Atul Lakhanpal scrutinizing the voting process. The merger aims to strengthen JK Tyre's market position and operational capabilities.
09Jul 25
JK Tyre & Industries Approves ₹12.2 Million Investment in STTY RE
JK Tyre & Industries' board of directors has approved an investment of ₹12.20 million in STTY RE. The company has not disclosed further details about the nature of the investment or information about STTY RE. This strategic move could potentially be aimed at expanding market presence, diversifying operations, or exploring new business opportunities.
06Jun 25
JK Tyre Sets Ambitious Goal: 1 Million Unit Capacity Boost by FY26
JK Tyre & Industries Ltd plans to increase its production capacity by 1 million units by FY26. The company is also embarking on a digital transformation journey to enhance manufacturing efficiency. This strategic move aims to meet evolving market needs and strengthen JK Tyre's position in the competitive tyre industry.
22May 25
JK Tyre Leads Electric Bus Segment with Radial Tyre Supply
JK Tyre & Industries Ltd has become the leading supplier of truck radial tyres for electric buses, positioning itself as the largest participant in this growing sector. The company has successfully leveraged its EV platform to dominate the bus segment of the electric vehicle market. This strategic focus on electric vehicles, particularly in the bus sector, demonstrates JK Tyre's commitment to innovation and sustainability. While specific financial figures are not provided, this positioning suggests potential for increased revenue and market share in the future.
22May 25
JK Tyre Anticipates Raw Material Price Stabilization and Margin Improvement
JK Tyre, a leading Indian tyre manufacturer, anticipates stabilizing raw material prices and improved profit margins in upcoming quarters. The company expects immediate margin improvement in the next financial year, partly due to the removal of tariffs on tyre exports from Mexico to the United States. This change in trade policy is expected to benefit JK Tyre's Mexican manufacturing facilities, potentially enhancing its competitiveness in the U.S. market.
21May 25
JK Tyre's Shares Surge 12.5% Despite Weak Q4 Earnings, Management Outlook Positive
JK Tyre & Industries reported a 42.70% decrease in Q4 consolidated net profit to ₹97.00 crore, with revenue slightly increasing by 1.60% to ₹3,758.60 crore. Despite weak earnings, shares rose 12.5% due to management's optimistic outlook, citing stabilizing raw material costs, expected margin expansion, EV market readiness, and strong demand from Mexico. The company recommended a dividend of ₹3.00 per equity share.
20May 25
JK Tyre & Industries Reports 43% Profit Decline in Q4, Recommends Dividend
JK Tyre & Industries reported Q4 FY23 results with consolidated revenue up 1.6% to ₹3,758.60 crore. However, EBITDA fell 24.6% to ₹363.00 crore, and net profit declined 42.7% to ₹97.00 crore. EBITDA margin compressed to 9.7% from 13.0%. Despite profit decline, the company recommended a dividend of ₹3.00 per equity share.
04Mar 25
JK Tyre & Industries Wins Appeal: GST Order Set Aside by Tax Authority
JK Tyre & Industries Ltd. has successfully appealed a tax order, resulting in the nullification of a ₹733.18 lakh liability. The Commissioner (Appeals), Central Tax has set aside a previous order that alleged improper availing of Input Tax Credit related to Compensation Cess. The original demand included ₹13.07 lakh in tax and a ₹720.11 lakh penalty. This ruling eliminates the company's liability for both the tax amount and the penalty, providing significant financial relief.
03Mar 25
JK Tyre & Industries Wins Tax Appeal: GST Authority Sets Aside ₹733 Crore Demand
JK Tyre & Industries Ltd. has received a favorable ruling from the Commissioner (Appeals), Central Tax, overturning a previous tax demand. The ruling sets aside a ₹13.07 lakh demand and cancels a ₹720.11 crore penalty related to Input Tax Credit on Compensation Cess. The decision confirms no violations by JK Tyre and eliminates a potential ₹733.18 crore liability, significantly reducing the company's financial risk.
18Feb 25
JK Tyre & Industries Ltd: President Resigns Amid Investigation, Q3 Results Show Resilience
JK Tyre & Industries Ltd announced the resignation of Anuj Kathuria, President (India), effective February 14, 2025, amid an ongoing police investigation. Despite leadership changes, the company reported flat consolidated revenues of Rs. 3,694 crores in Q3 FY25, with EBITDA margins contracting to 9.1%. The company faced challenges from sluggish OEM demand and rising raw material costs, particularly natural rubber. However, JK Tyre saw healthy growth in the replacement market, especially in the passenger car radial segment. The company is progressing with expansion projects and focusing on technological advancements and sustainability initiatives.
JK Tyre & Industries
348.10
+3.55
(+1.03%)
1 Year Returns:-17.11%
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