Conference Call with JK Tyre & Industries Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript.
JK Tyre & Industries announced Q1FY23 Result : Recorded highest ever revenues of Rs.12,000 crore, driven by strong domestic as well as highest ever exports from India. Volume growth of 16% on consolidated basis Exports growth of ~60% on YoY basis Subsidiaries, Cavendish and Tornel reported highest ever revenues. JK Tornel reported 167% growth in operating profitability. Truck Bus Radial (TBR) and Passenger Car Radial (PCR) capacities running @ >90%. Long term debt reduced by 12% over last year. Board approved PCR Capacity expansion of Rs.530 crore at Banmore tyre plant, MP. INR 3,320 Cr. Revenues (incl. exports) INR 459 Cr. Exports from India INR 236 Cr. EBITDA INR 135 Cr. Cash Profit (PBDT) INR 38 Cr. Profit After Tax INR 1.63 /share Earnings Per Share INR 12,020 Cr. Revenues (incl. exports) INR 691 Cr. Cash Profit (PBDT) INR 1,873 Cr. Exports from India INR 201 Cr. Profit After Tax INR 1,110 Cr. EBITDA INR 8.53 /share Earnings Per Share Result PDF
Conference Call with JK Tyre & Industries Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.