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25% Domestic Volume Growth Takes JK Tyre Q1FY27 Revenue to Rs 3,956 Crore as Margins Face Cost Pressure

25% Domestic Volume Growth Takes JK Tyre Q1FY27 Revenue to Rs 3,956 Crore as Margins Face Cost Pressure
25% Domestic Volume Growth Takes JK Tyre Q1FY27 Revenue to Rs 3,956 Crore as Margins Face Cost Pressure
Strong demand from original equipment manufacturers and the replacement market supported JK Tyre’s first quarter revenue, but rising petro based input costs reduced operating profitability during the period.

Dr. Raghupati Singhania, Chairman and Managing Director of JK Tyre & Industries Limited, said OE volumes rose 42% and replacement demand grew 12%, while higher raw material costs weighed on the quarter’s 6.8% EBITDA margin.

JK Tyre & Industries Limited reported consolidated revenue of Rs 3,956 crore in the first quarter of FY27, supported by 25% growth in domestic volumes even as higher raw material costs affected operating margins.
For the quarter ended June 30, 2026, consolidated EBITDA stood at Rs 268 crore with an EBITDA margin of 6.8%. Profit before tax was Rs 54 crore, while profit after tax stood at Rs 43 crore.
Domestic volumes increased 25% compared with the corresponding period last year. Original equipment volumes grew 42%, while the replacement market recorded 12% growth during the quarter.

Dr. Raghupati Singhania, Chairman and Managing Director of JK Tyre & Industries Limited, said, “JK Tyre continued its steady performance in Q1FY27 with a consolidated turnover of Rs.3,956 Crore, supported by strong demand momentum across segments.”
He attributed the performance to customer focus, product mix and execution across markets, while noting the increasing contribution from higher value added products.
The company faced pressure from rising input costs during the quarter. Dr. Singhania said the continuing West Asia crisis led to a sharp increase in raw material prices, affecting gross and operating margins.

Approximately 70% of raw materials used by the tyre industry are petro based, making costs particularly sensitive to movements in oil prices, he said.
Despite the pressure on margins, JK Tyre expects domestic demand and a greater contribution from premium products to support its performance during the remainder of FY27.
Dr. Singhania said, “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.”
The company is also looking at strategic expansion while working towards higher profitability during the financial year.

JK Tyre continues to position sustainability as part of its operations through compliance and operational practices linked to responsible growth.
The company was also recognised as one of the Best Workplaces in the Auto and Auto Components Industry 2026 by Great Place to Work.
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