JK Tyre & Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• JK Tyre & Industries Ltd reported a 3.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.5%.
• Its expenses for the quarter were up by 0.5% QoQ and 8.2% YoY.
• The net profit increased 38.9% QoQ and increased 62.3% YoY.
• The earnings per share (EPS) of JK Tyre & Industries Ltd stood at 8.08 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

JK Tyre & Industries Ltd is a prominent player in the tire manufacturing industry, primarily involved in the production and distribution of a wide range of tires for various vehicles, including passenger cars, trucks, buses, and tractors. As one of the leading tire manufacturers in India, JK Tyre has a significant presence both domestically and internationally. The company is known for its innovation in tire technology and has been engaged in expanding its manufacturing capabilities to meet growing demand. While specific recent developments are not detailed here, JK Tyre's strategic focus typically includes enhancing production efficiency and expanding its market footprint.

Revenue

In the second quarter of fiscal year 2026, JK Tyre & Industries Ltd reported a total income of ₹4025.61 crores. This represents a 3.5% increase compared to the previous quarter, Q1FY26, which recorded a total income of ₹3890.57 crores. Year-over-year, the total income increased by 10.5% from ₹3643.15 crores in Q2FY25. These figures reflect a steady increase in revenue generation for the company, indicating a positive growth trajectory in the quarterly revenue performance.

Profitability

The company's profitability metrics show significant improvements in Q2FY26. Profit Before Tax (PBT) amounted to ₹304.08 crores, marking a 46.1% increase from the previous quarter's PBT of ₹208.07 crores. Year-over-year, the PBT rose by 53.0% from ₹198.79 crores in Q2FY25. After accounting for taxes, the Profit After Tax (PAT) for Q2FY26 was ₹226.86 crores, which is a 38.9% increase QoQ from ₹163.35 crores and a remarkable 62.3% increase YoY from ₹139.75 crores. The Earnings Per Share (EPS) also rose to ₹8.08 in Q2FY26, compared to ₹6.03 in Q1FY26 and ₹4.92 in Q2FY25, reflecting enhanced shareholder returns.

Operating Metrics

The total expenses for JK Tyre in Q2FY26 were ₹3714.05 crores, slightly up by 0.5% from ₹3695.08 crores in Q1FY26. Compared to the same quarter in the previous year, Q2FY25, total expenses increased by 8.2% from ₹3433.55 crores. The tax expense for Q2FY26 was ₹81.53 crores, which shows a 53.1% increase from the previous quarter and a 49.5% increase from the same quarter last year. These operating expenses and tax trends reflect a controlled approach to cost management while accommodating growth in revenue and profitability.