Tyres
9 recent notes from companies in this sector. 4 companies tracked.
Balkrishna Industries' Deputy CFO quits weeks after new finance chief appointed
Ravi Narayan Joshi leaves after 5.5 years, effective July 25. Company says no material reason beyond personal career move.
Balkrishna Industries appoints new CFO as Bajaj retires
Madhusudan Bajaj steps down on superannuation, stays as advisor. Saroj Kumar Khuntia takes over as CFO effective June 18.
Tolins Tyres missed its own guidance. A tax tweak is squeezing retreading.
FY26 revenue grew 12%, not the 20% targeted. The UAE plant is also running below half capacity.
JK Tyre lifts capex budget to ₹6,110 crore through FY29
Management clarified that a new ₹4,980 crore expansion is additive to existing plans, while warning of an 18-19% spike in raw material costs for Q1.
TVS Srichakra profit doubles to ₹82.71 crore on 12% revenue growth
The tyre manufacturer reported a sharp jump in annual net profit for FY26, supported by a government subsidy and a final dividend payout of ₹37.80 per share.
TVS Srichakra profit doubles as board proposes ₹37.80 dividend
Annual revenue climbed 12% to ₹3,389.66 crore, while net profit surged to ₹82.71 crore for FY26.
JK Tyre to spend ₹4,980 crore on capacity expansion
The company will lift total production capacity by 24% by FY30, funded through a mix of debt and internal accruals.
JK Tyre turns 21% more volume into 83% more profit
A domestic volume surge in Q4 drove the profit spike. The company doubled its dividend.
JK Tyre profit jumps 52%, dividend doubled on record revenue
Consolidated net profit of ₹774 crore on ₹16,384 crore revenue underpins a payout increase. Q4 profit surged 83%.