StocksMedium•4 November 2026•
1 min read
JK Tyre Q2 Profit Plummets 73% as Raw Material Costs Surge
Key Facts
1JK Tyre reported a 73% year-on-year decline in consolidated net profit to ₹60 crore for the second quarter.
2Total income rose 20% to ₹4,850 crore, but margins were hit by raw material inflation which rose 30% over six months.
JK Tyre reported a 73% year-on-year decline in consolidated net profit to ₹60 crore for the second quarter. According to scanx.trade, total income rose 20% to ₹4,850 crore, but margins were severely impacted by raw material inflation, which surged 30% over a six-month period.
The profit slump was primarily driven by rising raw material costs and contracting EBITDA margins, alongside an increase in net debt by ₹751 crore quarter-on-quarter. The financial results highlight significant operational pressure from input costs despite the expansion in total revenue.