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Business Standard
21-05-2025
- Automotive
- Business Standard
JK Tyre Inds surges after Q4 PAT climbs 88% QoQ to Rs 97 cr
JK Tyre Industries rallied 8.78% to Rs 378.50 after the company's consolidated net profit jumped 88.35% to Rs 97.04 crore on a 2.31% increase in revenue from operations to Rs 3,758.60 crore in Q4 FY25 over Q3 FY25. On a Year on year (YoY) basis, the company's revenue increased 1.6% while net profit declined 42.7% in Q4 FY25. In Q4 FY25 profit before tax stood at Rs 143.94 crore, up 79.05% QoQ and down 42.8% YoY. EBITDA jumped 15% QoQ to Rs 384 crore in Q4 FY25. EBITDA margin expanded 110 bps to 10.2% in Q4 FY25 as against 9.1% in Q3 FY25. This growth was supported by higher volumes and enhanced operational efficiencies, despite elevated raw material costs. On full year basis the companys consolidated net profit declined 37% to Rs 495.04 crore on a 2.1% fall in revenue from operations to Rs 14,692.92 crore in FY25 over FY24. Raghupati Singhania, chairman & managing director (CMD) said, Despite a challenging and uncertain global economic landscape, JK Tyre delivered a promising performance in FY2025, gaining significant momentum in the fourth quarter. In the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year. This growth reflects not only the Companys robust brand equity and deep market reach but also the positive macroeconomic environment and growing automotive demand. Exports grew by 4% quarter-on-quarter, underscoring the Companys strong international presence and competitive product offerings. JK Tyres subsidiary companiesCavendish Industries (CIL) and JK Tornel, Mexicocontinued to make strong contributions to the companys overall revenues and profitability, reinforcing JK Tyres integrated global strategy and diversified footprint. The companys ongoing push toward premiumisation is yielding positive results. Premium products such as Levitas Ultra, Smart Tyre, Ranger Series, and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM, and XD series in the commercial segment, are witnessing increasing market preference, strengthening JK Tyres position in the value-added product space. JK Tyre has displayed exceptional resilience and strategic clarity through FY2025. We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments. The Governments accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position us well for sustained growth. Meanwhile, the companys board recommended a dividend of Rs 3 per equity share of Rs 2 each for financial year 2024-25. The said dividend, if declared by the members at the ensuing Annual General Meeting (AGM), is planned to be credited/dispatched within two weeks of the said meeting Further, the companys board approved the re-appointment of Anshuman Singhania as a managing director for a term of five consecutive years with effect from 21st October 2025, subject to requisite approval of the members of the company at the ensuing Annual General Meeting (AGM). JK Tyre & Industries is a leading player in the Indian tyre industry, offering comprehensive end-to-end solutions across multiple segments. The company manufactures tyres for passenger vehicles, commercial vehicles, farm equipment, off-the-road (OTR) applications, and two- and three-wheelers.
Business Standard
21-05-2025
- Automotive
- Business Standard
JK Tyre Inds surge after Q4 PAT climbs 88% QoQ to Rs 97 cr
JK Tyre Industries rallied 8.78% to Rs 378.50 after the company's consolidated net profit jumped 88.35% to Rs 97.04 crore on a 2.31% increase in revenue from operations to Rs 3,758.60 crore in Q4 FY25 over Q3 FY25. On a Year on year (YoY) basis, the company's revenue increased 1.6% while net profit declined 42.7% in Q4 FY25. In Q4 FY25 profit before tax stood at Rs 143.94 crore, up 79.05% QoQ and down 42.8% YoY. EBITDA jumped 15% QoQ to Rs 384 crore in Q4 FY25. EBITDA margin expanded 110 bps to 10.2% in Q4 FY25 as against 9.1% in Q3 FY25. This growth was supported by higher volumes and enhanced operational efficiencies, despite elevated raw material costs. On full year basis the companys consolidated net profit declined 37% to Rs 495.04 crore on a 2.1% fall in revenue from operations to Rs 14,692.92 crore in FY25 over FY24. Raghupati Singhania, chairman & managing director (CMD) said, Despite a challenging and uncertain global economic landscape, JK Tyre delivered a promising performance in FY2025, gaining significant momentum in the fourth quarter. In the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year. This growth reflects not only the Companys robust brand equity and deep market reach but also the positive macroeconomic environment and growing automotive demand. Exports grew by 4% quarter-on-quarter, underscoring the Companys strong international presence and competitive product offerings. JK Tyres subsidiary companiesCavendish Industries (CIL) and JK Tornel, Mexicocontinued to make strong contributions to the companys overall revenues and profitability, reinforcing JK Tyres integrated global strategy and diversified footprint. The companys ongoing push toward premiumisation is yielding positive results. Premium products such as Levitas Ultra, Smart Tyre, Ranger Series, and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM, and XD series in the commercial segment, are witnessing increasing market preference, strengthening JK Tyres position in the value-added product space. JK Tyre has displayed exceptional resilience and strategic clarity through FY2025. We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments. The Governments accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position us well for sustained growth. Meanwhile, the companys board recommended a dividend of Rs 3 per equity share of Rs 2 each for financial year 2024-25. The said dividend, if declared by the members at the ensuing Annual General Meeting (AGM), is planned to be credited/dispatched within two weeks of the said meeting Further, the companys board also approved re-appointment of Anshuman Singhania as a managing director for a term of five consecutive years with effect from 21st October 2025, subject to requisite approval of the members of the company at the ensuing Annual General Meeting (AGM). JK Tyre & Industries is a leading player in the Indian tyre industry, offering comprehensive end-to-end solutions across multiple segments. The company manufactures tyres for passenger vehicles, commercial vehicles, farm equipment, off-the-road (OTR) applications, and two- and three-wheelers.
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Business Standard
20-05-2025
- Automotive
- Business Standard
JK Tyre Q4FY25 profit down 42.6% to Rs 97 crore, revenue up 1.63%
JK Tyre and Industries on Tuesday reported a 42.6 per cent year-on-year (Y-o-Y) decline in its consolidated net profit at Rs 97.04 crore for the fourth quarter of the financial year 2025 (Q4FY25), while revenue from operations grew by 1.63 per cent to Rs 3,758.6 crore. The decline in net profit was attributed to rising raw material costs, particularly for natural rubber. Sequentially, revenue from operations grew by 2.31 per cent, while profit after tax (PAT) increased by 88.3 per cent. Raghupati Singhania, chairman and managing director (CMD), stated: 'Despite a challenging and uncertain global economic landscape in the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year.' During the earnings call, Anshuman Singhania, managing director of JK Tyre and Industries, said: 'The decline in performance was primarily due to rising raw material prices. Last year alone, there was an approximately 10 per cent increase in raw material costs, particularly affecting truck radial tyres. Unfortunately, this cost inflation could not be fully passed on to customers, as OEM demand remained subdued and they were not keen on picking up large volumes.' Additionally, global market volatility added to the uncertainty, particularly affecting exports. In Mexico, operations were impacted by tariff uncertainties related to exports to the US. Currency depreciation also played a role — the Mexican peso weakened nearly 8 per cent Y-o-Y against the Indian rupee, which adversely affected the consolidated topline figures. Going forward, the company expects margins to improve, provided input costs stabilise. The company's push towards premiumisation has yielded positive results, with premium products such as Levitas Ultra, Smart Tyre, Ranger Series and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM and XD series in the commercial segment, witnessing increasing market preference.
Time of India
20-05-2025
- Automotive
- Time of India
JK Tyre Q4 net profit skids 42.7% to ₹97 crore
JK Tyre & Industries reported a 42.7 per cent decline in its consolidated net profit for the fourth quarter of the last financial year (FY25) to ₹97 crore, as compared to ₹169.3 crore in the year-ago period. Its consolidated EBITDA for the quarter stood at ₹384 crore, marking a 15 per cent increase over the previous quarter. Profit before tax (PBT) rose 79 per cent quarter-on-quarter to ₹144 crore. The company attributed the improvement to increased volumes and operational efficiencies, despite persistent raw material cost pressures. For the full financial year (FY25), the tyre maker reported a 37 per cent fall in its net profit to ₹495.04 crore from ₹ 786.23 crore in FY24. JK Tyre 's subsidiaries— Cavendish Industries Ltd. (CIL) and JK Tornel , Mexico—continued to contribute to consolidated revenues and profitability, in line with the group's international expansion strategy. Outlook and sustainability focus The company reported growth in demand for premium products, including Levitas Ultra, Smart Tyre, Ranger Series, and Puncture Guard tyres in the passenger vehicle segment, as well as the XF, XM, and XD series in the commercial vehicle segment. Dr Singhania noted, 'JK Tyre has displayed exceptional resilience and strategic clarity through FY2025. We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments. The Government's accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position us well for sustained growth.' Separately, JK Tyre announced that it has received ISO 20400 certification from the British Standards Institution (BSI) for its sustainable procurement practices in the raw material supply chain.
Time of India
05-05-2025
- Automotive
- Time of India
JK Tyre conducts Indian Racing Festival across five North-East cities: Details
JK Tyre conducts Indian Racing Festival across five North-East cities. The Indian Racing Festival, powered by JK Tyre, was conducted across the North-East between April 12 and 22. The multi-city tour, which covered Kohima, Aizawl, Shillong, Guwahati, and Gangtok, drew thousands of spectators and enthusiasts, cementing the region's place on India's racing map. JK Tyre Indian Racing Festival: As it happened In Kohima, the tour opened at the 4th NAP Battalion Ground in collaboration with the Nagaland Adventure & Motor Sports Association (NAMSA). For the first time in the state, Formula 4 and Indian Racing League cars were showcased. The next stop was Aizawl, where drift shows performed alongside the Cheraw bamboo dance became a crowd favourite. The event went on with stunt performances despite rain. Shillong followed, where JK Tyre teamed up with the Assam Rifles and the Meghalaya Motorsport Society. Held at the DGAR Cantonment, the event featured karting, drifting and stunt performances. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Jakarta Raya: AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Aroun... Blinkist: Andrew Ng's Reading List Undo Mercedes-Benz EQA 250 Long-term Review: Things to know before Buying | TOI Auto At IIT Guwahati, the focus shifted slightly towards education and innovation. The event showcased the intersection of motorsport and engineering. Lastly, the finale took place in Gangtok, Sikkim, against the backdrop of the Himalayas. The event coincided with Sikkim's 50th Statehood anniversary. One of the highlights was the ceremonial flag-off of the five-day JK Tyre Mountain Rush Rally, the state's first TSD (Time-Speed-Distance) car rally. The closing event at Burtuk Helipad was attended by local dignitaries, motorsport personalities, and spectators. Throughout the tour, JK Tyre showcased its Levitas Ultra range while engaging deeply with local communities. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X. Discover everything about the automotive world at Times of India .
