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

Comments

Popular posts from this blog

Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing

RSI Indicator for finding good value stocks?

Poonawalla Fincorp: I love stocks at 52L