Latest news with #TolinsTyres'
Business Standard
2 days ago
- Automotive
- Business Standard
Tolins Tyres surges after reporting all-time high monthly production in May'25
Tolins Tyres zoomed 14.62% to Rs 170.90 after the company reported its highest-ever monthly production milestone of 816 metric tons (MT) in May 2025, driven by robust demand and improved plant efficiency. The record output included 46,599 units (252 MT) of tyres and 17,714 units (564 MT) of Precured Tread Rubber (PCTR), marking a new peak for the company. This performance surpassed earlier highs of 683 MT in March 2025 and 682 MT in April 2025, translating to a 23% month-on-month growth in volume and a 19.5% rise in production weight. The companys best-performing SKU during the month was the POWER DLX, underscoring its segment leadership and rising market acceptance. The management attributed the growth to strategic planning, operational efficiency, and consistent demand from both domestic replacement markets and institutional buyers. Dr. KV Tolin, Promoter, Chairman and Managing Director, Tolins Tyres, said "We are happy to report that this month's output was the highest in Tolins Tyres' history. Our entire team's unwavering efforts have led directly to this achievement. It also shows how much more trust our clients have in our goods and services. Timely execution, strategic planning, and operational efficiency were crucial. It has been great to see the increase in demand both domestically and abroad. We've observed steady growth in all of our major markets, particularly in the PCTR and tire sectors. This month's top-performing SKU was the POWER DLX, which did remarkably well. To stay ahead of the curve, we consistently invest in quality improvements and technology. This accomplishment inspires us to aim even higher in the months ahead. We remain focused on scaling our capabilities, expanding market reach, and delivering excellence in every tyre we produce". Tolins Tyres manufactures bias tyres for a wide range of vehicles, including light commercial, agricultural, and two- and three-wheelers, as well as precured tread rubber. Its products also include bonding gum, vulcanizing solutions, tyre flaps, and tubes. The businesses are divided into new tyre manufacturing and tread rubber production, with tyre retreading solutions offered in India and 40 countries. The companys consolidated net profit surged 32.57% to Rs 9.28 crore in Q4 FY25 as against Rs 7 crore posted in Q4 FY24. Revenue from operations was at Rs 69.53 crore in the fourth quarter of FY25, down 19.75% compared to Rs 86.64 crore in Q4 FY24.
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Business Standard
2 days ago
- Business
- Business Standard
Tolins Tyres zooms 11% on achieving highest-ever monthly production in May
Tolins Tyres share price: Tolins Tyres shares were buzzing in trade on Wednesday, June 11, 2025, with the scrip rallying as much as 10.66 per cent to hit an intraday high of ₹165 apiece. At 9:40 AM, Tolins Tyres shares continued to trade near day's high level, up 9.89 per cent at ₹163.85 per share. In comparison, BSE Sensex was trading 0.11 per cent higher at 82,483.99. What fuelled the rally in Tolins Tyres share price? Tolins Tyres shares surged in trade after the company reported its highest-ever monthly production in May 2025, driven by robust demand and streamlined plant operations. The company produced a record 816 metric tonnes (MT) during the month, comprising 46,599 units (252 MT) of tyres and 17,714 units (564 MT) of Precured Tread Rubber (PCTR). The performance surpassed its previous records in March and April 2025, reflecting a 23 per cent month-on-month (M-o-M) growth in production volume and a 19.5 per cent rise in output weight. Tolins Tyres highlighted that its flagship product, POWER DLX, led the charts, underscoring strong market acceptance and leadership in its segment. The company attributed this milestone to strong demand from both the replacement and institutional markets, reaffirming its growing footprint in domestic and international markets. ALSO READ | 'This production feat marks a significant achievement for Tolins Tyres,' the company said in a statement, adding that it continues to strengthen its presence across India and overseas. KV Tolin, promoter, chairman and managing director, Tolins Tyres, said "We are happy to report that this month's output was the highest in Tolins Tyres' history. Our entire team's unwavering efforts have led directly to this achievement. It also shows how much more trust our clients have in our goods and services. Timely execution, strategic planning, and operational efficiency were crucial.' 'It has been great to see the increase in demand both domestically and abroad. We've observed steady growth in all of our major markets, particularly in the PCTR and tire sectors. This month's top-performing SKU was the POWER DLX, which did remarkably well. To stay ahead of the curve, we consistently invest in quality improvements and technology. This accomplishment inspires us to aim even higher in the months ahead. We remain focused on scaling our capabilities, expanding market reach, and delivering excellence in every tyre we produce," Tolin added. ALSO READ | About Tolin Tyres Established in 1982, Tolins Tyres is a key player in the tyre industry, renowned for its wide-ranging portfolio that includes retreading solutions and tyres for two-wheelers, three-wheelers, light commercial vehicles (LCVs), and agricultural applications. The company is also at the forefront of innovation with its advanced Precured Tread Rubber and other retreading products, reflecting its commitment to technology and quality. Tolins Tyres has built a strong global footprint, with exports spanning over 40 countries, including key markets in the Middle East, Africa, Latin America, and the USA. The company operates two manufacturing units in Kalady, Kerala—strategically positioned near Kochi and close to natural rubber sources—ensuring operational efficiency and quality control. Tolin Tyres has also expanded internationally through its wholly owned subsidiary, Tolins Tyres LLC, located in the Al Hamra Industrial Zone, Ras Al Khaimah, UAE. Backward integration helps streamline costs and maintain high-quality standards, while a robust distribution network of 8 depots and 3,737 dealers across India supports strong market presence and customer reach.
