Jk Trye

JK Tyre India President Anuj Kathuria resigns citing personal reasons

Kathuria had joined JK Tyre in 2022, and is an automotive industry veteran who has worked in senior positions in Ashok Leyland and Tata Motors prior to joining JK Tyres

JK Tyre to get 30 million euros long term loan from German entity

The company will invest the funds in a sustainable expansion of production capacities at its Madhya Pradesh-based passenger car radial tyre facility, the tyre maker said in a statement

Tyre demand to remain robust amid positive environment: JK Tyre CMD

Demand for tyres in the domestic market is expected to remain robust going ahead as the automobile industry continues to scale new highs amid a positive economic environment, JK Tyre Chairman and Managing Director Raghupati Singhania said. In an interaction with PTI, the veteran industry leader said that robust Gross Domestic Product (GDP) growth and the government's focus on infrastructure development, is expected to fuel growth for the automobile sector as well as the tyre industry. "We see that the domestic demand will continue to be robust due to the healthy macroeconomic factors as well as the investments in infra and of course, overall feel good economic environment that we are running through," he said. Elaborating on some positive factors, Singhania said freight availability remains consistent, helping the commercial vehicle segment. Besides, robust GDP growth and more disposable income is helping in the enhanced offtake of cars, he noted. "So, we foresee that car demand w

JK Tyre develops tyre with 80% sustainable and recycled materials

JK Tyre & Industries on Tuesday said it has developed a passenger car radial tyre with 80 per cent sustainable, recycled and renewable material. The company said the tyre has been developed based on a decade long research and will deliver performance comparable to that of a standard radial tyre while registering a lower carbon footprint. JK Tyre said the "Ux Green" tyre was tested extensively in indoor and outdoor, on roads as well as on test tracks to validate the performance. "With a strong emphasis on creating substitutes to conserve the ecosystem, the tyre has been fully designed & developed using 80 per cent sustainable materials," JK Tyre Chairman & Managing Director Raghupati Singhania said in a statement. This development is not only a reflection of the company's R&D team, but it also reinforces its serious commitment to advancing sustainable growth and boosting societal value creation, moving towards carbon neutrality by 2050, he added. The range of such tyres

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

The company's total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22

JK Tyre launches specialised product range, sees demand from EV, SUVs

Company launches smart tyres that give real-time updates about pressure, temperature and punctures to phone app

JK Tyre lines up Rs 1,100 crore capex for two years, says CFO Aggarwal

JK Tyre and Industries has planned a capital expenditure of Rs 1,100 crore till next financial year, company's CFO Sanjeev Aggarwal said

JK Tyre to spend Rs 200 crore in next two years to enhance production

The firm reduced net debt by Rs 929 crore in FY21

JK Tyre shares jump over 6% on reporting strong March quarter earnings

Shares of JK Tyre and Industries on Thursday jumped over 6 per cent after the company reported a consolidated profit after tax of Rs 194.96 crore for the March quarter of the previous fiscal

JK Tyre reports consolidated net loss of Rs 52.78 cr in March quarter

The company had posted a net profit of Rs 33.66 crore for January-March period of 2018-19.

JK Tyre Q4 net up 9%

Company posted a record profit in a single year during the fiscal year ended March 31, 2016