Tolins Tyres : 9MFY25 55% growth in PAT

 

  • Tolins Tyres :  9MFY25 55% growth in PAT
  • Tolins Tyres, founded in 1982 is a leading producer in the tyre industry, specializing in a diverse range of Retreading and tyre products. 
  • The portfolio includes two and three-wheeler tyres, Light Commercial Vehicle (LCV) tyres and Agriculture tyres. 
  • Furthermore, Tolins Tyres takes pride in innovative “Procured Tread Rubber” and other retreading products, showcasing its commitment to cutting-edge technology. 
  • These products have not only garnered acclaim in India but have also made a significant impact across 40 countries, including the Middle East, East Africa, Kenya, Jordan, and Egypt. 
  • Tolins stands out as the first Indian retread brand to not only enter but thrive in the highly competitive American market for pre-cured retreading products  
  •   For the nine months ended December 2024, we delivered a solid 55% YoY growth in PAT, supported by business expansion, efficient inventory management, and disciplined cost control
  • The company signed a three-year Offtake Agreement with Apollo Tyres for PCTR and Cushion Gum conversion and packaging, ensuring a minimum monthly order of 200 and 17 tonnes, respectively. This is expected to boost capacity utilization by 22% and 10%, with an option to extend by mutual consent 
  • India remained the primary market, accounting for 86% of total operational revenue, while the UAE contributed 14% in 9MFY25    

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