JK Tyre Q1 FY26 Sales up 11% on-year, PAT up 51% On-Quarter

JK Tyre & Industries Limited has announced its unaudited financial results for the first quarter ended June 30, 2025. The company reported a consolidated net profit (Profit After Tax) of Rs. 155 crores, reflecting a 51% increase compared to the previous quarter. Total revenue for the period stood at Rs. 3,891 crores.

The company recorded a 10.9% EBITDA margin, with consolidated EBITDA reaching Rs. 424 crores, up 10% on a sequential basis. The improvement was attributed to operational efficiencies and strategic pricing measures, despite sustained high prices of natural rubber. Profit before tax (PBT) was reported at Rs. 208 crores.

Dr. Raghupati Singhania, Chairman and Managing Director of JK Tyre, noted that domestic market performance remained strong during the quarter, with an 11% year-on-year sales growth driven by steady demand across both replacement and original equipment (OE) segments. He also highlighted a notable increase in exports of passenger car tyres, which showed growth on both quarter-on-quarter and year-on-year bases.

The company’s subsidiaries—Cavendish Industries (India) and Tornel (Mexico)—continued to contribute significantly to the overall financial performance.

Looking ahead, the company expects demand in the tyre sector to strengthen in the second half of the fiscal year, supported by ongoing infrastructure development and broader economic activity.

JK Tyre emphasized its focus on sustainable innovation, with research and development efforts aimed at reducing environmental impact. The company is investing in material science to develop tyres using bio-sourced and recycled materials, while maintaining performance standards. It is also the first Indian tyre manufacturer to join the global RE100 initiative, committing to 100% renewable electricity by 2050.

The company operates 11 manufacturing facilities—nine in India and two in Mexico—with an annual production capacity exceeding 35 million tyres. It maintains a distribution network of over 6,000 dealers and around 900 dedicated brand outlets under names such as Steel Wheels, Truck Wheels, and Xpress Wheels. JK Tyre exports to more than 100 countries through a network of over 230 global distributors.

Its R&D center, the Raghupati Singhania Centre of Excellence in Mysore, supports product innovation and testing. In 2024, JK Tyre achieved a milestone by manufacturing its 30 millionth Truck Bus Radial (TBR) tyre, becoming the first Indian company to do so. The company also launched India’s first ‘Smart Tyre’ technology equipped with Tyre Pressure Monitoring Systems (TPMS).

In recognition of its workplace culture and sustainability practices, JK Tyre was listed among India’s Best Companies to Work For in 2024 by Great Place to Work and ranked among India’s top 30 Most Sustainable Companies by Business World. It has also received the British Safety Council’s Sword of Honour for safety and earned a 'Best-in-class' ESG grading from CareEdge for the second consecutive year.