Showing results for "Jk Tyre"
JK Tyre rating upgraded 'CARE A+' by CARE Ratings

autherAutocar Pro News Desk calendar18 Sep 2023

CARE has also upgraded the outlook of Cavendish Industries Limited, a subsidiary of JK Tyre, to 'stable' from 'negativ...

JK Tyres eyeing funds for Rs 1,100 crore investment plan

By Shahkar Abidi calendar07 Aug 2023

The company had raised Rs 240 crore in March from IFC, a part of the World Bank Group, with a focus on investments in ...

JK Tyre's net profit jumps by over three times to Rs 159 crore in Q1 FY24

autherAutocar Pro News Desk calendar04 Aug 2023

JK Tyre's revenue from operations increased by 13% to Rs 3726 crore in Q1 FY24 from Rs 3643.03 crore in Q1 FY23. 

JK Tyre completes first phase of capacity expansion of Banmore plant

autherAutocar Pro News Desk calendar29 Jun 2023

The phase one expansion, involved an investment of Rs 312 crore. The expansion will increase the annual production cap...

JK Tyre rating upgraded to IND A+/Stable by India Ratings

autherAutocar Pro News Desk calendar21 Jun 2023

The upgrade echoes a significant improvement in the company’s credit metrics on account of improved profitability and ...

JK Tyre expects "strong double digit" growth in FY24 amid robust domestic demand and improving exports

By Shahkar Abidi calendar17 May 2023

India's tyre industry's ambitious target of Rs 1 Lakh crore turnover in next three years resonates with JK Tyre's proj...

JK Tyre develops PCR tyre with 80% recycled and renewable material

autherAutocar Pro News Desk calendar25 Apr 2023

The tyre is developed with highly sustainable materials like natural rubber, bio-attributed SBR and BR, bio-based oil,...

IFC to invest Rs 240 crores in JK Tyre for capacity expansion

autherAutocar Pro News Desk calendar24 Mar 2023

IFC is investing Rs 240 cr in JK Tyre for capacity expansion and will hold a 5.6 percent stake in the tyre company thr...

JK Tyre keen to ride premium tyre market with Levitas Ultra radials

By Mayank Dhingra and Shruti Mishra calendar21 Mar 2023

The Indian tyre manufacturer says it is observing the passenger vehicle segment transition towards premium car models ...

JK Tyre strengthens CV portfolio with two new radials

autherAutocar Pro News Desk calendar18 Aug 2022

Jetway JUC XM and Jetsteel JDH XM are designed to deliver improved fuel efficiency and high tyre life for trucks.