JK Tyre shares extended their winning streak to a fourth consecutive day, rising 5.7% intraday to hit a 52-week high of ₹604.45 on NSE. As of 2:00 pm, the stock was trading 5.3% higher at ₹602 with a day high of ₹604.45 and low of ₹569.35. The stock has gained over 20% in 2026 so far, supported by robust quarterly earnings performance.
In the December quarter, JK Tyre and Industries delivered exceptional financial performance with consolidated net profit jumping 295% YoY to ₹207.7 crore compared to ₹52.6 crore in the previous year. Revenue from operations stood at ₹4,223 crore, up 14% YoY, while EBITDA surged 81% to ₹571 crore from ₹315 crore. The operating margin expanded sharply to 13.5% from 8.6% a year ago, demonstrating significant operational efficiency improvements.
The company's domestic business posted 16% YoY growth during Q3, aided by 27% rise in OEM segment volumes and robust replacement segment demand that expanded 11%. According to management, the strong quarterly performance was driven by healthy automobile demand supported by goods and services tax (GST)-led reforms, festive season momentum, and positive rural sentiments. The management expects margins to stay above 13% going forward.
Alongside the strong quarterly results, JK Tyre announced a ₹1,130 crore capital expenditure plan to expand capacity across truck and bus radial (TBR), all-steel light truck radial (ASLTR), and passenger car radial (PCR) segments. The expansion is expected to increase overall capacity by around 7%, positioning the company for future growth in the tyre manufacturing sector.
