JK Tyre posted a Q2 FY2025 net profit of Rs. 144 crore amid challenges and anticipates improved demand.

JK Tyre & Industries Ltd reported a net profit of Rs. 144 crore for Q2 FY2025, despite challenges like lower demand in the commercial vehicle segment and rising natural rubber prices. The company maintained its market presence in passenger cars and improved export performance helped mitigate domestic slowdowns. Looking ahead, it anticipates better demand due to the festive season and government spending. JK Tyre is also committed to sustainability, aiming to cut carbon intensity by 50% by 2030.

November 05, 2024
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