JK Tyre Q4 FY26 results: net profit rises 80% on double-digit India volume growth

JK Tyre & Industries reported a sharp rise in earnings for the quarter ended March 31, 2026. Consolidated net profit climbed 80 per cent year-on-year to Rs 177.96 crore. The company linked the result to strong domestic demand and higher sales volumes. JK Tyre shares closed 1.97 per cent higher at Rs 394.10 on BSE.

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Revenue from operations rose 12.36 per cent to Rs 4,223.44 crore in Q4 FY26. It had stood at Rs 3,758.60 crore a year earlier. Total income, including other income, reached Rs 4,232.83 crore, up 12 per cent. Total expenses were Rs 3,909.65 crore during the quarter.

JK Tyre domestic market volumes and India business revenue

JK Tyre said the India business remained the main driver of growth in Q4. India business revenue increased 14.6 per cent to Rs 3,903.25 crore in the March quarter. The company stated that volumes rose 21 per cent year-on-year across segments. It also reported 42 per cent growth in the OE market.

The company said exports held steady even with global risks. It pointed to geopolitical uncertainty, including the ongoing West Asia conflict. At the same time, revenue from the Mexico business dropped 16 per cent to Rs 377.57 crore. The company did not detail segment-wise Mexico performance in the statement.

JK Tyre FY26 results and EBITDA details

For the full FY26, consolidated net profit increased 52.34 per cent to Rs 775.901 crore. Total revenue for the year rose 10.9 per cent to Rs 16,384 crore. The company also reported EBITDA of Rs 2,089 crore. It said EBITDA was 25 per cent higher than the previous year.

"FY26 has been a landmark year for JK Tyre. We delivered record volumes across segments, attaining the highest ever annual consolidated revenue of Rs 16,384 crore and achieving an EBITDA of Rs 2,089 crore, an increase of 25 per cent over the previous year,\" Chairman & Managing Director Raghupati Singhania said.

Singhania linked the rise in revenue to several economic factors. These included GST and personal tax reforms, easing interest rates, and improved economic activity. The festive season also supported demand, the statement said. The company had posted Rs 98.66 crore net profit in the year-ago quarter.

JK Tyre investment plan for Truck & Bus Radial tyres and PCR tyres

In a separate filing, JK Tyre said the board approved an investment of Rs 4,980 crore. The money is meant to expand capacity for Truck & Bus Radial TBR Tyres and Passenger Car Radial PCR Tyres. The expansion is planned in phases through 2030. The company said funding will come from internal accruals and debt.

JK Tyre said the investment is tied to demand across tyre categories in India. It added that the company wants to protect its market presence as demand stays strong. In another filing, the board also recommended a dividend of Rs 4 per equity share. Each share has a face value of Rs 2 for FY26.

With inputs from PTI