Shares of JK Tyre & Industries fell over 2% after the company reported its Q1 results for FY2024-25 on August 3.
Key Financial Highlights:
- Net Profit:
- Increased by 37.3% to ₹211.44 crore, up from ₹154 crore in the same quarter last year.
- Revenue:
- Declined by 2.1% year-on-year to ₹3,639 crore, compared to ₹3,718 crore in Q1FY24.
- EBITDA:
- Rose by 9.3% year-on-year to ₹500 crore, up from ₹457.3 crore in the previous year.
- EBITDA margin improved to 13.7% from 12.3% YoY.
Market Reaction:
- Share Price:
- As of 9:35 AM, JK Tyre shares were trading 2.51% lower at ₹420.30 on NSE.
JK Tyre & Industries Share Price history
| Day | Open | Close | Day’s change |
|---|---|---|---|
|
Fri, Aug 2 2024
|
₹432.00
|
₹431.10
|
-1.26%
|
|
Thu, Aug 1 2024
|
₹448.00
|
₹436.60
|
-1.83%
|
|
Wed, Jul 31 2024
|
₹448.15
|
₹444.75
|
-0.32%
|
|
Tue, Jul 30 2024
|
₹442.65
|
₹446.20
|
|
|
Mon, Jul 29 2024
|
₹447.50
|
₹442.05
|
-0.50%
|
|
Fri, Jul 26 2024
|
₹435.70
|
₹444.25
|
|
|
Thu, Jul 25 2024
|
₹440.00
|
₹438.20
|
-1.07%
|
|
Wed, Jul 24 2024
|
₹428.35
|
₹442.95
|
|