Mumbai: JK Tyre & Industries Limited reported a resilient financial performance for the first quarter of FY27, with consolidated revenue of Rs. 3,956 crore, as strong demand across key business segments supported topline growth despite margin pressures arising from higher raw material costs.
The company announced its unaudited standalone and consolidated financial results for the quarter ended 30th June 2026, posting a consolidated EBITDA of Rs. 268 crore, an EBITDA margin of 6.8%, Profit Before Tax (PBT) of Rs. 54 crore, and Profit After Tax (PAT) of Rs. 43 crore.
According to the company, demand remained healthy across both the replacement and original equipment (OE) markets during the quarter, contributing to steady operational performance.
Commenting on the quarterly results, Dr. Raghupati Singhania, Chairman & Managing Director (CMD), 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. The performance is driven by sharp focus on customer centricity, product excellence and disciplined execution across markets.
During the quarter domestic volumes grew by 25% on year-on-year basis, across both replacement (12%) and OE markets (42%), with increasing contribution from higher-value added products.
The continuing west Asis crisis led to a sharp increase in raw material prices which impacted our gross and operating margins. As is known approximately 70% of the tyre industry raw materials are petro based, hence, it is highly vulnerable to oil price movement”.
The company highlighted that domestic volumes increased 25% year-on-year, led by growth in both the replacement segment (12%) and the OE market (42%), while higher-value-added products accounted for a larger share of sales during the quarter.
However, JK Tyre noted that rising input costs weighed on profitability. The company attributed the pressure on gross and operating margins to higher raw material prices triggered by the continuing West Asia crisis, noting that nearly 70% of raw materials used by the tyre industry are petro-based, making the sector highly sensitive to fluctuations in oil prices.
For the quarter, consolidated EBITDA stood at Rs. 268 crore.
Looking ahead, Dr. Singhania said the company remains focused on improving profitability through operational efficiencies and product mix enhancement.
“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, aiming to create enduring value for all stakeholders with an increased profitability through strategic expansions”.
Beyond its financial performance, JK Tyre said it continues to strengthen its sustainability and governance initiatives. The company stated that its operations remain guided by robust compliance and operational frameworks as part of its commitment to responsible and sustainable growth.
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During the period, JK Tyre was also recognised as “One of the Best Workplaces in the Auto and Auto Components Industry” 2026 by Great Place to Work, reflecting its continued focus on workplace culture and employee engagement.
