Tolins Tyres Limited — Updates, 14-08-2025: Press Release
14-08-2025 | 03:37 pm
14-08-2025 | 03:37 pm
Tolins Tyres posted strong Q1 FY26 results, with revenue up 17.62% YoY to Rs. 89.74 Cr, driven by improved utilization and market expansion. Profit After Tax (PAT) grew 4.45% to Rs. 9.30 Cr. EBITDA declined 9.12% due to increased raw material and employee costs. A key development is the new subsidiary, TerraRubber, set to convert end-of-life tyres into reclaimed rubber, enhancing cost efficiency and sustainability. The company aims for 80% capacity utilization within two years, banking on robust replacement market demand and disciplined cost management.
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