JK Tyre & Industries Ltd. reported its earnings for the first quarter of FY26, showing a sharp decline in profitability on a year-on-year basis, even as revenue rose modestly. The company posted a net profit of ₹154.83 crore, down from ₹211.74 crore in the same quarter last year (Q1 FY25).
Total revenue from operations came in at ₹3,869 crore, marking a 6.3% increase compared to ₹3,639 crore in Q1 FY25. The topline growth, however, was not enough to offset the margin pressure and drop in operating performance.
Operating profit, measured by EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), stood at ₹402.7 crore, down 19.5% from ₹500.4 crore YoY. This resulted in a significant contraction in margins — the EBITDA margin dropped to 10.4%, compared to 13.8% in the same period last year.
In the meantime, JK Tyre shares opened at ₹325.25 today, slightly above the previous close of ₹324.40. The stock hit an intraday low of ₹318.65 and climbed to a high of ₹329.70 during the session. Compared to its 52-week range, the stock remains well above the low of ₹243.00 but still below the 52-week high of ₹453.00.
