- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
JK Tyre & Industries is the flagship company of the JK group which is headed by Dr R P Singhania as its chairman and managing director. It is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.
CARE Ratings has reaffirmed JK Tyre & Industries' ratings: 'CARE AA-/Stable' for long-term facilities/instruments and 'CARE A1+' for short-term facilities including Commercial Paper. The outlook is Stable. This reflects the company's strong market position, healthy financials, and anticipated profitability recovery from Q3FY27, despite recent raw material cost pressures. Overall financial...
JK Tyre's Q1FY27 saw consolidated turnover of Rs. 3,956 Cr (+2% YoY) and PAT of Rs. 43 Cr. Profitability was impacted by a ~20% sequential increase in raw material costs, leading to EBITDA of Rs. 268 Cr (6.8% margin). Domestic sales volumes jumped 25% YoY, driven by strong OEM demand....
JK Tyre's past fiscal year saw robust performance: Revenue `16,384 Cr` (+11%), EBITDA `2,089 Cr` (+25%), PAT `74 Cr` (+50%). The company commissioned `1,400 Cr` for capacity, with `1,130 Cr` ongoing and `4,980 Cr` approved for further expansion, reinforcing its position in PCR, TBR & EV segments.