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
Conference Call with JK Tyre & Industries Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.