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Automobilty > Blog > News > JK Tyre Q1 revenue hits Rs 3,956 crore on strong volumes
NewsTyres

JK Tyre Q1 revenue hits Rs 3,956 crore on strong volumes

Automobility
Last updated: August 7, 2026 11:00 am
Automobility
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New Delhi: JK Tyre & Industries Ltd on Friday reported consolidated revenue of Rs 3,956 crore for the first quarter of FY27, while its operating profitability was impacted by higher raw material prices amid the continuing West Asia crisis.

The company posted consolidated EBITDA of Rs 268 crore during the April-June quarter, with an EBITDA margin of 6.8 per cent. Profit before tax stood at Rs 54 crore, while profit after tax was Rs 43 crore.

JK Tyre said domestic volumes grew 25 per cent year-on-year during the quarter, driven by a 12 per cent increase in the replacement market and a 42 per cent rise in original equipment manufacturer (OEM) volumes.

“JK Tyre continued its steady performance in Q1FY27 with a consolidated turnover of Rs 3,956 crore, supported by strong demand momentum across segments,” Chairman and Managing Director Raghupati Singhania said.

He said the performance was supported by a focus on customer centricity, product excellence and disciplined execution across markets, along with increasing contribution from higher-value products.

Singhania said the continuing West Asia crisis had led to a sharp increase in raw material prices, which impacted the company’s gross and operating margins.

Around 70 per cent of tyre industry raw materials are petrochemical-based, making the sector vulnerable to movements in crude oil prices, he added.

The company said it remains focused on improving operating leverage, reducing costs and increasing the share of premium products as it targets double-digit revenue growth in FY27.

“With a sharper focus on operating leverage, cost reductions, and increasing share of premium products, JK Tyre remains confident to improve performance in FY27 with double-digit revenue growth,” Singhania said.

JK Tyre also highlighted its focus on sustainable operations and said it continues to operate under robust compliance and operational frameworks.

The company said it has also been recognised as one of the “Best Workplaces in the Auto and Auto Components Industry” for 2026 by Great Place to Work.

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