Crime Today News
JK Tyre & Industries Ltd. announced robust financial results for the fourth quarter of fiscal year 2025, with consolidated revenues of Rs.3,780 crore and a 15% quarter-on-quarter increase in EBITDA to Rs.384 crore. The company’s board has recommended a dividend of Rs.3 per equity share (150%) for FY25.
The company’s profit before tax surged to Rs.144 crore, representing a 79% increase compared to the previous quarter, while profit after tax stood at Rs.102 crore. JK Tyre attributed this performance to higher volumes and improved operational efficiencies, despite facing persistently high raw material costs.
Dr. Raghupati Singhania, Chairman & Managing Director, noted that the company registered healthy growth in both replacement and OEM segments in the domestic market compared to the same quarter last year. Exports grew by 4% quarter-on-quarter, highlighting the company’s international presence across more than 100 countries.
The company’s subsidiaries, Cavendish Industries Ltd. and JK Tornel in Mexico, continued to make strong contributions to overall revenues and profitability. JK Tyre operates 11 manufacturing facilities globally – nine in India and two in Mexico – with a collective annual production capacity of approximately 35 million tyres.
Looking ahead to FY26, Dr. Singhania expressed confidence in sustained growth, citing several favorable factors including the government’s focus on infrastructure development, upcoming vehicle launches, potential interest rate reductions, and expectations of a normal monsoon season.
JK Tyre has been making significant strides in sustainability, recently receiving ISO 20400 certification from the British Standards Institution for sustainable procurement practices. The company is also the first Indian tyre manufacturer to join the global RE100 Club, targeting 100% renewable electricity by 2050.
Established in 1951, JK Tyre pioneered radial technology in India with its first radial tyre production in 1977. The company now maintains market leadership in the truck bus radial segment and offers products across various categories including passenger vehicles, commercial vehicles, farm equipment, and off-road applications. In 2024, JK Tyre produced its 30 millionth truck/bus radial tyre, becoming the first Indian company to reach this milestone.
This article first appeared on Autocar
📰 Crime Today News is proudly sponsored by DRYFRUIT & CO – A Brand by eFabby Global LLC
Design & Developed by Yes Mom Hosting
