JK Tyre Q1FY25 net profit jumps 33%
https://youtube.com/shorts/g2Ms1wTC514?si=mcu6Ltqii05RFdBE
- JK Tyre Q1FY25 net profit jumps 33%
- 14.1% EBIDTAMargin
- Continue to deliver profitable growth with year-on-year increase in operating margins.
- Strategic thrust on premiumization and pricing have helped to manage the raw material cost pressures.
- Although overall revenues were marginally lower due to decline in the OEMsegment, this was largely offset by increased exports.
- During the quarter, exports recorded healthy double-digit growth, despite geo-political disruptions and rising ocean freights.
- Looking ahead, we expect export demand to pick up.
- Remain optimistic about the outlook for tyre demand, driven by ongoing policy reforms including continued focus on infrastructure development
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