Results - Announcements
JK Tyre & Industries Ltd share price softened by 4.30% to Rs 309.2. The Company's net profit surged by 40.46% to Rs 59.99 crore, while revenue from operations gained significantly 22.67% to Rs 4840.73 crore in Q3FY26 over Q2FY26.
The market capitalization of Tyres & Rubber Products industry group stocks on BSE stood at Rs 1.52 lakh crore, rising 8.29%. It has eased by 3.24% over last one week and dipped slightly by 6.18% in last one month while the market capitalization of JK Tyre & Industries Ltd has slipped by 8.64% and 20.78% in the same period respectively.
Profit before tax (PBT) of JK Tyre & Industries Ltd stood at Rs 93.57 crore in Q3 FY26, plunging by 69.23% year-on-year, and rallying 74.05% quarter-on-quarter. EBITDA came in at Rs 325 crore, tumbling by 35.97% YoY and jumping 30.50% sequentially.
Total expenses surged 21.53% to Rs 4634.93 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 3392.71 crore, advancing by 11.73% YoY, while employee benefits expense was at Rs 396.17 crore, soaring 24.92% YoY.
For the TTM ended FY26, revenue from operations rose 11.12% to Rs 16326.65 crore, while net profit soared by 50.10% to Rs 774.19 crore, compared to previous TTM. EBITDA jumped by 153398% to Rs 1973.74 crore, and PBT jumped 46.16% to Rs 1042.74 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1443.84 crore in FY26, as against Rs 715.77 crore in FY25.
JK Tyre & Industries Ltd crashed 26.57% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.52% during the same period.