JK Tyre’s latest numbers show a tidy Rs 60 crore net profit for the quarter, while revenue climbed to Rs 4,850 crore – a 20 percent jump from the same period a year earlier.
The jump comes on the back of a 65 percent rise in original‑equipment‑manufacturer sales, with overall domestic sales up 32 percent, a clear sign that automakers are still pulling hard on tyre orders.
On the global side, the Mexican arm, JK Tornel, pulled in Rs 479 crore, underscoring the company’s reach beyond India.
Costs, however, are a different story. Raw‑material outlays hit Rs 3,401 crore, or 70.3 percent of revenue, driven by high natural‑rubber prices and crude‑oil‑derived inputs that have kept the supply chain pricey.
For buyers, the takeaway is that while tyre demand remains robust, manufacturers are squeezing margins. The recent GST 2.0 tweaks may help ease the tax burden on OEMs, but raw‑material volatility still threatens to keep tyre prices steady for the foreseeable future. The company’s CEO, Raghupati Singhania, says the company is optimistic, focusing on sustainable growth, which could mean a steadier supply of tyres across the market.