JK Tyre Reports Rs 36.55 bn Revenue in Q1 FY25
ECONOMY & POLICY

JK Tyre Reports Rs 36.55 bn Revenue in Q1 FY25

JK Tyre & Industries (JK Tyre) reported its results for the first quarter of the fiscal year 2025, achieving a revenue of Rs 36.55 billion. The company posted an EBITDA of Rs 5.16 billion with a margin of 14.1 per cent, and recorded a Profit Before Tax of Rs 2.90 billion and a Profit After Tax of Rs 2.12 billion.

Raghupati Singhania, the company's Chairman and Managing Director, noted that they had continued to achieve profitable growth with an increase in operating margins year-on-year. He attributed this success to their strategic focus on premiumisation and pricing, which helped them manage raw material cost pressures. Despite a slight decline in overall revenues due to a drop in the OEM segment, the impact was largely counterbalanced by increased exports.

During the quarter, exports experienced robust double-digit growth despite challenges from geopolitical disruptions and rising ocean freight costs. The company anticipated a rise in export demand in the near future. Singhania also mentioned that JK Tyre?s subsidiaries, Cavendish Industries (CIL) and JK Tornel in Mexico, had made significant contributions to the company's overall revenues and profitability.

The outlook for tyre demand was described as positive, supported by policy reforms, on-going infrastructure development, the approaching festive season, and favourable monsoon conditions. Singhania expressed optimism about the tyre demand outlook, emphasising the benefits of continuing policy reforms, infrastructure development, and positive seasonal factors for the industry.

JK Tyre remains dedicated to advancing its efforts in digitalisation, research and development, innovation, sustainability, customer-centricity, and technology-driven manufacturing.

JK Tyre & Industries (JK Tyre) reported its results for the first quarter of the fiscal year 2025, achieving a revenue of Rs 36.55 billion. The company posted an EBITDA of Rs 5.16 billion with a margin of 14.1 per cent, and recorded a Profit Before Tax of Rs 2.90 billion and a Profit After Tax of Rs 2.12 billion. Raghupati Singhania, the company's Chairman and Managing Director, noted that they had continued to achieve profitable growth with an increase in operating margins year-on-year. He attributed this success to their strategic focus on premiumisation and pricing, which helped them manage raw material cost pressures. Despite a slight decline in overall revenues due to a drop in the OEM segment, the impact was largely counterbalanced by increased exports. During the quarter, exports experienced robust double-digit growth despite challenges from geopolitical disruptions and rising ocean freight costs. The company anticipated a rise in export demand in the near future. Singhania also mentioned that JK Tyre?s subsidiaries, Cavendish Industries (CIL) and JK Tornel in Mexico, had made significant contributions to the company's overall revenues and profitability. The outlook for tyre demand was described as positive, supported by policy reforms, on-going infrastructure development, the approaching festive season, and favourable monsoon conditions. Singhania expressed optimism about the tyre demand outlook, emphasising the benefits of continuing policy reforms, infrastructure development, and positive seasonal factors for the industry. JK Tyre remains dedicated to advancing its efforts in digitalisation, research and development, innovation, sustainability, customer-centricity, and technology-driven manufacturing.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?