Proposed tyre abrasion norms from April 2031 are expected to drive R&D investments as manufacturers seek clarity on testing protocols while grappling with rising raw material costs
Near-full capacity utilisation and resilient replacement and original-equipment demand are driving expansion, even as natural rubber and other input costs squeeze margins
Robust domestic demand from original equipment manufacturers and the replacement market is expected to support growth, even as elevated input costs continue to weigh on margins
JK Tyre & Industries on Friday reported a 73 per cent decline in consolidated net profit to Rs 44.09 crore in the first quarter ended June 20, 2026, hit by higher raw material costs amid the West Asia war. The company had posted a consolidated net profit of Rs 163.35 crore in the corresponding quarter of the previous fiscal, JK Tyre & Industries Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 3,946.24 crore as against Rs 3,868.94 crore in the same period a year ago. Total expenses in the first quarter were higher at Rs 3,912.75 crore as compared to Rs 3,695.08 crore in the year-ago period, the company said. During the quarter, costs of materials consumed were higher at Rs 3,036.51 crore, up from Rs 2,266.69 crore in the year-ago period, it added. "The continuing West Asia crisis led to a sharp increase in raw material prices, which impacted our gross and operating margins. ...Approximately 70 per cent of the tyre ...
Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today
July 9 (Reuters) - Indian tyre maker JK Tyre & Industries expects to raise product prices by 11%-13% by the end of the first half f fiscal 2027 to offset rising input costs, its finance chief said, joining rivals in passing on higher expenses to customers.
Notably, around 70 per cent of tyre production costs come from crude-linked raw materials like synthetic rubber and carbon black, which makes the industry highly sensitive to oil prices.
Stocks to Watch today, May 27, 2026: MobiKwik, Sun Pharma, J&K Tyre, and Elgi Equipments are among some of the top stocks to remain in focus during today's trading session
The tyre maker posted strong fourth-quarter earnings driven by robust demand and announced a phased capacity expansion amid rising domestic and export opportunities
Anand James, chief market strategist at Geojit Investments, is bullish on the shares of KEC International, JK Tyre, and RaiTel Corporation
In Q4FY26, Ceat delivered high growth in all segments including international business, despite geopolitical tensions.