JK Tyre & Industries Ltd. has reported a strong performance for the third quarter of FY2025, posting a consolidated revenue of Rs 3,694 crore. The company achieved an EBITDA of Rs 335 crore, with an EBITDA margin of 9.1%. Its Profit Before Tax (PBT) stood at Rs 80 crore, while the Profit After Tax (PAT) was Rs 57 crore. These results highlight the company’s continued growth and resilience in a competitive market. JK Tyre remains focused on expanding its market presence and enhancing operational efficiency to maintain this upward trajectory.
Dr. Raghupati Singhania, Chairman & Managing Director (CMD) of JK Tyre, commented on the results, saying, “JK Tyre experienced healthy growth in the Replacement market during the Quarter. However, rising raw material costs, especially natural rubber, impacted the margins, though we addressed this to some extent through price revisions and cost optimization. Looking ahead, we are optimistic about the demand in the Replacement market, while the OEM sector is on a recovery path. Additionally, the Export Markets present new opportunities, particularly with the favorable Rupee/Dollar parity.”
Dr. Raghupati Singhania, Chairman & MD, JK Tyre & Industries Ltd. |
JK Tyre is strategically focusing on the premiumization of its product range across various segments, a move expected to boost profitability. The company's subsidiaries, Cavendish Industries Ltd. (CIL) and JK Tornel in Mexico, have continued to make significant contributions to both revenue and profitability. Dr. Raghupati Singhania further highlighted the company's progress in digital transformation, noting the establishment of the Digital & Analytics Centre of Excellence (DnA COE). This initiative aims to enhance data-driven operational efficiencies and foster innovation within the organization.
JK Tyre & Industries Ltd, a leading player in the global tyre manufacturing industry, ranks among the top 20 tyre makers worldwide. As pioneers of radial tyre technology in India, the company revolutionized the sector by producing the first radial tyre in 1977. JK Tyre is a market leader in the Truck Bus Radial (TBR) segment and offers a wide range of products across multiple segments, including passenger vehicles, commercial vehicles, farm equipment, off-the-road applications, and two- and three-wheelers. The company provides comprehensive solutions that cater to diverse mobility needs.
