JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Report of India Ratings & Research Private Limited, Monitoring Agency dated 7th February 2024 for the quarter ended 31st December 2023 for utilization of proceeds of the Qualified Institutions Placement under regulation 173A of the ICDR Regulations and Regulation 32 of the SEBI listing Regulations
JK Tyre & Industries Results Earnings Call for Q3FY24
Conference Call with JK Tyre & Industries Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript. JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor''s Presentation - Q3FY2024 JK TYRE & INDUSTRIES LTD. - 530007 - Appointment Of Joint Company Secretary
Appointment of Shri Kamal Kumar Manik as Joint Company Secretary and as a Key Managerial Personnel along with Shri Pawan Kumar Rustagi, Vice President Legal & Company Secretary of the Company JK TYRE & INDUSTRIES LTD. - 530007 - Statement Of Deviation(S) Or Variation(S)- Quarter Ended 31St December 2023
We confirm that there is no deviation or variation in the utilisation of the proceeds of preferential issue and qualified institutions placement for the quarter ended 31st December 2023, from the objects of the issue. The relevant statements confirming the same, duly reviewed by the Audit Committee are attached Q3FY24 Quarterly Result Announced for JK Tyre & Industries Ltd.
JK Tyre & Industries announced Q3FY24 results: In Q3FY24, the company recorded a net revenue of Rs 3,700 crore Achieved an EBIDTA of Rs 563 crore, marking a remarkable growth of 61% compared to the same period last year. EBIDTA Margin of 15.2% Profit Before Tax of Rs 341 crore in Q3FY24 Profit After Tax of Rs 227 crore in Q3FY24 Notably, the net debt at Rs 3,456 crore registered a 24% reduction from the levels recorded in March 2023. Based on the performance of the company, the Board has decided and declared an interim dividend of Re 1 per equity share (50%) having a face value of Rs 2 per share. Dr. Raghupati Singhania, the Chairman and Managing Director (CMD), stated, "At JK Tyre, we remain committed to achieving profitable growth centered on product premiumization, volume expansion, and optimizing our product mix. The demand outlook remains optimistic, driven by the strong momentum in economic activity and positive consumer sentiments, across product categories. The global demand scenario is still challenging due to geo-political disturbances affecting exports during the quarter. Highlighting the significant contributions of subsidiaries, namely Cavendish Industries Ltd. (CIL) and JK Tornel, Mexico, Dr. Singhania acknowledged their role in bolstering the company's overall revenues and profitability. We have successfully raised Rs 500 crore by way of QIP in December 2023, which received an overwhelming response from investors at large, reinforcing investors confidence in JK Tyre’s growth story”. Result PDF JK TYRE & INDUSTRIES LTD. - 530007 - Intimation Of Record Date
Record date for the purpose of payment of Interim Dividend is 16th February 2024 and the said interim dividend will be paid on 27th February 2024 JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regulation 30 (LODR)-Acquisition
The Board approved investment in a solar power company to maintain group captive power status JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regulation 30 (LODR)-Acquisition
The Board approved investment in a solar power company to maintain group captive power status
