New Delhi, Oct. 23 -- JK Tyre & Industries on Friday reported its highest-ever consolidated revenue of Rs 4,850 crore in Q2FY27, registering 20 per cent year-on-year growth.
The company's EBITDA stood at Rs 343 crore, up 28 per cent sequentially, with an EBITDA margin of 7.1 per cent. Profit before tax was Rs 94 crore, while profit after tax stood at Rs 60 crore. Chairman & MD Raghupati Singhania said the company's India business gained momentum after GST 2.0, with the original equipment (OE) market growing 65 per cent and domestic sales rising 32 per cent year-on-year.
Its Mexican subsidiary, JK Tornel, recorded revenue of Rs 479 crore during the quarter. The company cited higher input costs, supply chain constraints and West Asia tensions as continuing challenges.
Published by HT Digital Content Services with permission from Millennium Post.