JK Tyre & Industries Limited, one of India’s leading tyre manufacturers, has reported its highest-ever consolidated revenue of ₹4,850 crore for the second quarter of FY27 ended September 30, 2026, registering year-on-year growth of 20%. The performance was supported by broad-based demand across markets and product segments, with the company’s domestic business gaining momentum following the implementation of GST 2.0.
Commenting on the results, Dr Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries Limited, said, “JK Tyre’s strong performance in Q2FY27 demonstrates remarkable progress towards our zeal to be amongst the most profitable tyre companies in India, achieving highest-ever consolidated revenue of Rs.4,850 crore, registering a robust growth of 20% on a Y-o-Y basis. The growth was broad-based across markets and product segments. India business has picked up significant growth momentum post GST 2.0, anchoring an increase in OE market by 65%, leading to 32% growth in domestic sales, on a year-on-year basis. This has been delivered through disciplined execution across markets and segments.”
The company reported consolidated EBITDA of ₹343 crore for the quarter, representing a 28% increase sequentially. The performance was achieved despite persistently elevated input costs and supply chain constraints, including container freight rates that remain significantly above historical levels. Geopolitical tensions in West Asia continued to pose challenges to the operating environment, underscoring the importance of cost discipline and operational efficiency.
JK Tornel, the company’s Mexican subsidiary, recorded a recovery in performance during the quarter, generating revenue of ₹479 crore. Its contribution reinforces the subsidiary’s strategic importance to JK Tyre’s international expansion and strengthens the company’s presence in overseas markets.
Looking ahead, Dr Singhania said, “Looking ahead, we remain optimistic on the demand backed by healthy customer traction visible across segments and we continue to remain focused on delivering sustainable and profitable growth by leveraging our technologically advanced manufacturing facilities, pan India service network for fleets, wide international presence and strong customer partnerships.”
A flagship company of the JK Organisation, JK Tyre is among the world’s top 20 tyre manufacturers and a pioneer of radial technology in India. The company produced its first radial tyre in 1977 and holds a leadership position in the Truck Bus Radial segment. Its product portfolio covers passenger vehicles, commercial vehicles, farm equipment, off-the-road applications and two- and three-wheelers.
JK Tyre operates 11 manufacturing facilities, including nine in India and two in Mexico, with a combined annual production capacity of more than 38 million tyres. Its distribution network comprises over 6,250 dealers and more than 900 dedicated brand outlets under the Steel Wheels, Truck Wheels and Xpress Wheels formats. The company also exports to over 100 countries through more than 230 international distributors.
Innovation remains central to its growth strategy. The Raghupati Singhania Centre of Excellence, the company’s Global Tech & Innovation Centre in Mysuru, houses advanced testing and validation facilities. JK Tyre introduced India’s first Smart Tyre technology and tyre pressure monitoring systems (TPMS), which monitor critical parameters such as tyre pressure and temperature. In 2024, it became the first and only Indian company to roll out its 30 millionth Truck Bus Radial tyre.
The company continues to strengthen its sustainability credentials through renewable energy initiatives and responsible manufacturing. As the first Indian tyre company to join the global RE100 initiative, JK Tyre has committed to achieving 100% renewable electricity by 2050. It also received a CareEdge ESG1+ rating for FY25, with a score of 81.2, and was recognised among India’s top 30 most sustainable companies by Businessworld.
JK Tyre’s achievements also extend to workplace culture, safety and motorsport. The company has been recognised as one of the best workplaces in the automotive and auto components industry for the sixth time, received the Economic Times Iconic Brand of the Year Award six times, and earned the British Safety Council’s Sword of Honour for safety across its plants. Through nearly four decades of motorsport engagement, it has supported the development of racing infrastructure and emerging talent, contributing to India’s position in Asian motorsport.
