Conference Call with JK Tyre & Industries Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Auto Tyres & Rubber Products company JK Tyre & Industries announced FY24 results: Revenue: 15,046 crore EBIDTA: 2,122 crore EBIDTA Margin: 14.1% PBT: 1,211 crore PAT: 811 crore Commenting on the results, Raghupati Siaghania, Chairman and Managing Director (CMD), said, “JK Tyre achieved highest ever sales & profits during W2024. Sales at Rs 15,046 crore was marginally higher with EBIDTA of Rs 2,122 crore increasing by 59% and PAT of Rs 811 crore registering a 2X increase. This performance is attributed to our continued focus on product premiumization, widening market reach and tech enabled manufacturing & digitalization across operations achieving better efficiencies. Moreover, our strategic initiatives to fortify our balance sheet through equity infusion yielded fruitful results, reinforcing our financial resilience”. Result PDF