Latest news with #JKTyre&IndustriesLtd.
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Business Standard
21-05-2025
- Automotive
- Business Standard
JK Tyre shares gain 6% after posting Q4 results; Check all details here
JK Tyre share price recovered around 10 per cent from its day's low and were trading 5.6 per cent higher at 10:14 AM on BSE. The stock logged intraday high at ₹367.75 per share and low at ₹333.55 per share. The flip flop in the stock came after the company posted its Q4 results. At 10:15 AM, JK Tyre shares were up 4.33 per cent at ₹363 per share on the BSE. In comparison, the BSE Sensex was up 0.72 per cent at 81,772.25. The market capitalisation of the company stood at ₹9,946.93 crore. The 52-week high of the stock was at ₹510.9 per share and the 52-week low of the stock was at ₹231.65 per share. JK Tyre Q4 results 2025 The company announced its fourth quarter (Q4FY25) results on May 20, 2025, after market hours. The company's consolidated net profit after tax (PAT) stood at ₹102 crore as compared to ₹175 crore a year ago, down 41 per cent year-on-year (Y-o-Y). However, sequentially, the PAT rose 79 per cent from ₹57 crore. Its total income increased 2 per cent Y-o-Y to ₹3,780 crore for Q4 against ₹3,714 crore a year ago. In Q3, the total income stood at ₹3,694 crore. Its Earnings before interest, tax, depreciation, and amortisation (Ebitda) stood at ₹384 crore as compared to ₹497 crore a year ago, down 23 per cent. However, it increased 15 per cent quarter-on-quarter (Q-o-Q) from ₹335 crore in Q3. The Ebitda margin for the quarter came in at 10.2 per cent against 13.4 per cent Y-o-Y and 9.1 per cent in Q3. About JK Tyre JK Tyre & Industries Ltd. is an Indian manufacturer of automobile tires and tubes. They are known as pioneers of radial technology in India and are the market leader in Truck/Bus radials domestically. The company provides end-to-end solutions across segments of passenger vehicles, commercial vehicles, farming, Off-the-Road and two and three-wheelers. JK Tyre is present in 105 countries with over 230 Global distributors. The company has 11 globally benchmarked 'sustainable' manufacturing facilities - 9 in India and 2 in Mexico – that collectively produce around 35 million tyres annually. The Company also has a strong network of over 6000 dealers and 650+ dedicated Brand shops called as Steel Wheels and Xpress Wheels.
Hindustan Times
16-05-2025
- Automotive
- Hindustan Times
JK Tyre launches UX Royale Green tyres with sustainable materials in India
Dr. Raghupati Singhania, Chairman & MD, JK Tyre & Industries with the ISCC certified sustainable UX Royale Green Tyre Check Offers JK Tyre & Industries Ltd., the pioneers of innovation in tyre industry have commenced production of its 'UX Royale Green' passenger car tyres using ISCC Plus certified sustainable raw materials at its Chennai Tyre Plant--marking yet another first in the Indian tyre industry. The certification, granted under the globally recognised International Sustainability and Carbon Certification (ISCC plus) framework, validates the use of traceable and responsibly sourced renewable and recycled raw materials, further reinforcing the company's dedication to environmental responsibility and circular manufacturing practices. Developed in August 2023, India's first passenger car radial tyre made with 80% sustainable, recycled, and renewable materials was put to rigorous evaluation and testing. The UX Royale Green is the result of over a decade of dedicated research by JK Tyre's Global Tech Centre. The company's R&D team has been focused on developing alternative solutions to replace conventional petroleum-based materials with sustainable options. Also Read : Greencore tyre puncture repair kit review: The saviour on long road trips? On this occasion, Dr Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Ltd., said, "This milestone reflects our ongoing commitment to driving responsible mobility--anchored in green technology, circular economy principles, and the delivery of world-class, low-impact products. At the same time, innovation, quality and safety continue to be foundational to our operations." While sustainability remains a primary focus, excellence and reliability continue to be core pillars of JK Tyre's processes and practices. The company was the first tyre manufacturer in the world to receive ISO 9001 certification across its entire operations in 1995, a testament to its commitment to best-in-class manufacturing standards and customer satisfaction. Every tyre innovation, including the UX Royale Green, reflects this legacy of quality and performance. The ISCC Plus certification for raw material ensures end-to-end traceability of sustainable materials across the value chain. In JK Tyre's UX Royale Green, certified raw materials include bio-attributed polymers, renewable oils, recycled rubber powder, recovered carbonaceous black, recycled polyester, and steel wire, all sourced under circular practices. (ANI) Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 16 May 2025, 15:03 PM IST
Time of India
15-05-2025
- Automotive
- Time of India
JK Tyre begins production of India's first passenger car tyres with ISCC plus certified sustainable material
JK Tyre & Industries Ltd. has started production of its new 'UX Royale Green' passenger car tyre at its Chennai facility, using raw materials certified under the International Sustainability and Carbon Certification (ISCC Plus) system. This marks the first time a passenger car tyre in India has been produced using such materials. The ISCC Plus certification verifies the use of renewable, recycled and responsibly sourced inputs, providing traceability across the value chain. Materials used in the tyre include bio-attributed polymers, renewable oils, recycled rubber powder, recovered carbonaceous black, recycled polyester and steel wire. Long-term R&D Developed in August 2023, the UX Royale Green tyre is made with 80% sustainable, recycled, and renewable materials. The product is the result of over 10 years of research at JK Tyre's Global Tech Centre, where teams have been working on alternatives to conventional petroleum-based components. Dr. Raghupati Singhania , Chairman and Managing Director of JK Tyre & Industries, said, 'The commencement of sustainable tyre production represents a defining step in JK Tyre's journey toward environmentally responsible innovation. We are pleased to set new industry benchmarks that balance high performance with ecological responsibility. This milestone reflects our ongoing commitment to driving responsible mobility—anchored in green technology, circular economy principles, and the delivery of world-class, low-impact products.' JK Tyre became the first tyre manufacturer globally to receive ISO 9001 certification across its operations in 1995. The company states that the development and production of the UX Royale Green tyre continue to adhere to its established standards of performance and quality. The company views the ISCC Plus certification and production rollout as part of its broader efforts to align with circular economy principles in manufacturing.
