JK Tyre & Industries Limited shares surged over 5% in early trade after the company posted impressive Q2 FY26 results, backed by higher volumes, improved efficiencies, and strong export growth. As of 9:26 AM, the shares were trading 4.18% higher at Rs 429.10.
The tyre major’s consolidated revenue rose 10.8% year-on-year to ₹4,011 crore from ₹3,621 crore. EBITDA grew 23.5% to ₹520 crore, with margins improving to 13% from 11.6% last year, reflecting better cost control and an improved product mix.
Net profit soared 63.7% YoY to ₹221 crore compared to ₹135 crore in Q2 FY25. Its Mexico operations also posted strong growth, contributing ₹638 crore in revenue versus ₹593 crore last year.
The company attributed the solid performance to sustained demand in replacement and OEM segments, robust export momentum, and focus on premium products.
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