Indian benchmark indices were muted on Tuesday as gains in metal stocks, driven by optimism over a US-China trade deal, were offset by broad profit-taking after the recent rally.
The Nifty 50 was up 0.2% to 26,018.25, while the BSE Sensex rose 0.14% to 84,900.55, as of 9:49 a.m. IST.
On October 27, JK Tyre & Industries announced its quarterly results for September 2025. JK Tyre share price hit a fresh 52-week high level on Tuesday, October 28, after posting a healthy set of numbers for the second quarter of the current financial year.
JK Tyre & Industries reported its quarterly results for September 2025, showing steady growth in both revenue and profitability. Revenue from operations for the quarter stood at ₹4,011.30 crore, compared to ₹3,621.50 crore in September 2024, reflecting a year-on-year (YoY) growth of 10.76%. On a sequential basis, revenue rose 3.70% from ₹3,868 crore recorded in the March 2025 quarter.
Profit after tax (PAT) for the September 2025 quarter came in at ₹222.55 crore, marking a 54.28% YoY increase from ₹144.25 crore in the same period last year and a 43.17% rise compared to ₹154.83 crore in the previous quarter. Consolidated EBITDA for the quarter stood at ₹536 Crores with an improved margin of 13.3%. Improved operational performance is a result of higher sales volumes along with softening raw material prices, apart from higher operational efficiencies.
Commenting on the results, Dr. Raghupati Singhania, Chairman & Managing Director (CMD) said that "JK Tyre performed well in Q2FY26, supported by the growth momentum. Domestic markets registered a growth of 15% in volumes driven by a notable uptick across segments”.
“Export volumes grew by 13% over the previous quarter, despite the prevailing uncertainty around US Tariff rates. This growth reflects our superior product quality offerings, deeper penetration in existing markets, and introduction of higher margin products for diversifying into new geographies”.
Dc Singhania further added, “GST 2.0 is indeed a very progressive step; it will go a long way in boosting demand and ultimately economic growth”.
Both Cavendish (India) and Tornel (Mexico) reported stronger performance in Q2, contributing positively to the company’s overall financial results. With high-frequency indicators suggesting improved economic momentum, the automobile sector appears to be on a solid growth path, likely driving increased tyre demand across various segments in the coming period.
For the half year ended September 2025 (H1 FY26), the company reported revenue from operations of ₹7,880 crore, up 8.54% from ₹7,260 crore in H1 FY25. Operating profit for the period remained stable at ₹959 crore, showing a marginal increase of 0.09%. Profit after tax for H1 FY26 stood at ₹377.38 crore, compared to ₹355.99 crore in the previous year, registering an 6.01% growth.
On Tuesday, JK Tyre share price jumped to its 52-week high after the company announced its Q2 FY26 and H1 FY26 quarterly results. The share price of the company jumped by over 6%. As of 11:12 am IST, the stock price was trading at ₹431.45 per share, up by 4.59%. In the last 6 months, the stock price has surged over 40%.
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