Riding on Latin American Growth, Domestic Recovery, JK Tyre's Q2 Net Profit Jumps 62% in Q2

JK Tyre & Industries Ltd. on Monday announced a substantial 62.33 per cent increase in consolidated net profit for the quarter ending 30 September 2025, hitting ₹226.86 crore compared to ₹139.75 crore during the same period in the previous financial year, according to a regulatory filing submitted.

Latin American Markets Drive Growth

Despite ongoing uncertainty regarding the US tariffs, the tyre manufacturer achieved a 13 per cent growth in export volumes. Top company official said that Latin America has emerged as the primary growth driver, with Brazil, the United Arab Emirates and Mexico making significant contributions to JK Tyre's international business expansion.

"So, here our growth has definitely coming from Latin America, Brazil, UAE. And Mexico itself has contributed to this. And we are also exploring, and we are continuously also serving in a limited way the European and the UK markets, and we plan to also develop a lot of new tires, which are on the pipeline. Which will also help us further grow in these markets as well," Raghupati Singhania, JK Tyre & Industries Chairman & Managing Director, told ACKO Drive in a press conference.

Global Expansion

The tyre manufacturer is also maintaining a presence in European and the UK markets whilst developing new products specifically designed for these regions, as it eyes global expansion. 

Revenue Climbs 11%

The Delhi-headquartered tyre manufacturer recorded consolidated revenue from operations of ₹4,011.31 crore during the July-September quarter, marking growth from ₹3,621.56 crore in the corresponding quarter of the prior fiscal year.

Total expenditure rose to ₹3,714.05 crore in the reporting quarter, up from ₹3,433.55 crore in the year-ago period, the company said.

CV Segment Leads

The Indian domestic market witnessed strong uptake across multiple segments, including commercial vehicle (CV) segment, driven by improved goods and services tax (GST) implementation, rural economic recovery, and increased infrastructure spending.

What Powered Domestic Sales

Commercial vehicle truck tyres saw robust performance, emerging as a significant contributor to domestic growth. The passenger car tyre segment also recorded healthy expansion during the quarter.

Asked which specific tyre segments contributed to the growth in domestic sales, Singhania replied: "Oh well, the factors of higher demand has really improved. This demand is because of obviously the GST cut, the rural economy picking up trust on infrastructure. But particularly, we have seen an uptake in the commercial vehicle truck tires that have done well. We have also seen the passenger vehicle tires to be have also done well where the growth has come in and even the farm tires, which have also done well."

Furthermore, agricultural tyres, which had previously underperformed, showed marked improvement and contributed significantly to the company's domestic revenue growth.