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Latest news about JK Tyre & Industries

JK Tyre Reports Record Q2 FY26 Revenue of Rs 4,026 Crores with 10% YoY Growth 4 days ago

JK Tyre & Industries achieved its highest-ever quarterly consolidated revenue of Rs 4,026 crores in Q2 FY26, a 10% year-on-year increase. Consolidated EBITDA grew 21% to Rs 536 crores, with margins improving to 13.3%. Profit after tax rose 54% to Rs 223 crores. The company saw strong growth across various segments, including a 15% increase in domestic market volumes and 13% growth in export volumes. JK Tyre is implementing three expansion projects totaling Rs 1,400 crores, expected to start production in Q3 FY26. Management anticipates maintaining double-digit revenue growth and EBITDA margins of 13-15%.

JK Tyre Aims for ₹20,000+ Crore Revenue by FY27 with Radial and EV-Ready Tyre Expansion Oct 28, 2025

JK Tyre Reports 54% Jump in Q2 FY26 Net Profit, Driven by Strong Domestic and Export Growth Oct 27, 2025

JK Tyre & Industries Secures Leadership ESG Rating with 81.2 Overall Score Oct 27, 2025

JK Tyre & Industries Schedules Q2 FY2025-26 Results Conference Call Oct 22, 2025

More news about JK Tyre & Industries

23Sept 25

JK Tyre Plans Rs 1,400 Crore Investment to Boost Production and International Presence

JK Tyre & Industries plans to invest Rs 1,400 crore to expand production capacity across two locations, with operations expected to ramp up from the third quarter. The company currently exports to about 100 countries and is focusing on developing new tyre sizes for the European market. JK Tyre is leveraging recent Free Trade Agreements to improve market access and competitiveness internationally. While prioritizing organic growth, the company remains open to strategic international acquisitions. JK Tyre's shares closed 0.83% higher at Rs 378.00 on the NSE.

17Sept 25

JK Tyre Hit with Revised CGST Penalties Totaling Rs. 1,047.91 Crore

JK Tyre & Industries Ltd. faces revised CGST penalties of Rs. 1,047.91 crore for FY 2017-18 and 2018-19. The penalties, issued through a Rectification Order, are distributed across various states, with Karnataka, Tamil Nadu, and Rajasthan facing the highest amounts. JK Tyre plans to appeal, citing an industry-wide interpretational issue. The case could have implications for the broader tire industry and GST compliance practices.

05Sept 25

JK Tyre Achieves Record Quarterly Revenue of Rs 3,764 Crore in Q2 FY23

JK Tyre & Industries Ltd achieved its highest ever quarterly revenue of Rs 3,764.00 crore for Q2 FY23, marking a 26% year-on-year increase. The company reported an EBITDA of Rs 305.00 crore and a consolidated profit after tax of Rs 49.61 crore. Strong growth was observed in domestic volumes across commercial and passenger tyre segments, benefiting from improved OEM offtake. Export revenues remained significant despite global challenges. Subsidiaries Cavendish Industries Ltd and JK Tornel Mexico contributed positively to overall growth. JK Tyre maintains a global presence with 12 manufacturing facilities, an annual production capacity of 33 million tyres, and market presence in over 100 countries.

04Sept 25

JK Tyre Secures Overwhelming Approval for Amalgamation with Cavendish Industries

JK Tyre & Industries Limited received strong approval from unsecured creditors and equity shareholders for its proposed amalgamation with Cavendish Industries Limited. Unsecured creditors unanimously supported the resolution, with 271 creditors representing Rs. 1,382.98 crore in dues voting in favor. Equity shareholders showed 99.99% approval, with 20,39,14,483 shares supporting the merger. The voting process, conducted on September 3, 2025, complied with NCLT directions. This approval is a significant step towards streamlining operations and enhancing synergies in the tyre industry.

18Aug 25

JK Tyre Reports Strong Q1 Performance with 9% Revenue Growth in India Operations

JK Tyre & Industries Limited achieved its best-ever domestic performance in Q1, with India operations revenue reaching Rs. 3,475.00 crores, a 9% year-on-year growth. Consolidated revenues increased 6% to Rs. 3,891.00 crores. EBITDA improved to Rs. 424.00 crores with margins expanding to 10.9%. Profit after tax was Rs. 155.00 crores. The company reduced net debt by Rs. 219.00 crores. Segment-wise, TBR volumes grew 7%, passenger radials saw 32% growth in replacement market, and farm category volumes showed strong growth. Exports remained resilient despite challenges. The company maintained 80% capacity utilization and is progressing with expansion plans involving Rs. 1,400.00 crores capex. JK Tornel, the Mexican subsidiary, reported 12% revenue growth. The company expects double-digit growth for the full year.

12Aug 25

JK Tyre Sets Ambitious Debt-to-EBITDA Target, Anticipates Strong Growth

JK Tyre & Industries has set a target debt-to-EBITDA ratio of 1.5X to 1.8X. The company expects margin recovery in its Mexico operations and projects strong double-digit growth driven by auto industry recovery and infrastructure project resumption. JK Tyre recently raised ₹500 crores through a QIP, allocating ₹350 crores for capital expenditure. The company has already utilized ₹101.32 crores of the raised funds.

11Aug 25

JK Tyre Reports Proper Utilization of QIP Funds, No Deviation from Objectives

JK Tyre & Industries Ltd has effectively managed INR 500 crores raised through a QIP in December 2023. As of June 30, 2025, the company has utilized INR 92.92 crores for capital expenditure out of the allocated INR 350 crores. The remaining funds are temporarily placed in fixed deposits earning 7.50% to 7.76% interest. The monitoring agency, India Ratings & Research, confirmed no deviation from stated objectives, with all goals expected to be completed by March 2026.

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.