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JK Tyre & Industries Ltd Q2FY25; 44% fall in Profits

JK Tyre & Industries is the flagship company of the JK group which is headed by Dr R P Singhania as its chairman and managing director. It is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.

Financial Results:

JK Tyre & Industries Ltd reported Revenues for Q2FY25 of ₹3,622.00 Crores down from ₹3,898.00 Crore year on year, a fall of 7.08%.

Total Expenses for Q2FY25 of ₹3,433.00 Crores down from ₹3,525.00 Crores year on year, a fall of 2.61%.

Consolidated Net Profit of ₹140.00 Crores down 43.78% from ₹249.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.93, down 49.85% from ₹9.83 in the same quarter of the previous year.

 

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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