Tolins Tyres Limited — Important, 29-05-2025: Updates

Tolins Tyres has announced a board meeting on the financial results for the quarter and half-year. FY25 revenue rose 28.7% to Rs. 292 Cr, with net profit up nearly 49% to Rs. 38.7 Cr, led by better operations and strong UAE demand. Debt dropped sharply from Rs. 61.8 Cr to Rs. 0.7 Cr, strengthening financials. Capacity utilization is under 50%, with targets to reach 75%. Plans include expanding the product range, increasing domestic and international market share, and pursuing selective acquisitions to fuel growth.