JK Tyre's Profit Soars by 80% with Major Expansion Plans Unveiled

JK Tyre & Industries reported an 80% increase in consolidated net profit to Rs 177.96 crore for Q4. The company plans a Rs 4,980 crore investment for expanding TBR and PCR tyre production, funded via internal accruals and debt.

JK Tyre & Industries on Tuesday posted an 80 per cent surge in consolidated net profit at Rs 177.96 crore for the fourth quarter ended March 31, 2026.

The tyre maker had clocked a net profit of Rs 98.66 crore for the January-March period of the last fiscal.

Revenue from operations rose to Rs 4,223.44 crore from Rs 3,758.60 crore a year ago. Expenses were at Rs 3,909.65 crore. Total income was at Rs 4,232.83 crore, up 2 per cent.

In a separate filing, JK Tyre said its board has approved an investment of Rs 4,980 crore for expansion of Truck & Bus Radial (TBR) tyres and Passenger Car Radial (PCR) tyres in phases. The funding will be through internal accruals and debt.

In another filing, it said the board has recommended a dividend of Rs 4 per equity share of face value of Rs 2 for FY26.

JK Tyre shares on Tuesday ended 1.97 per cent up at Rs 394.10 apiece on BSE.