Integrated Filing — IndAS

General information about company
Scrip Code	530007
NSE Symbol	JKTYRE
MSEI Symbol	NOTLISTED
ISIN	INE573A01042
Name of company	JK TYRE & INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Geographical
Description of single segment
Start date and time of board meeting	20-May-2025   14:15:00
End date and time of board meeting	20-May-2025   17:10:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	37586000000	146929200000
	Other income	212900000	792800000
	Total income	37798900000	147722000000
2	Expenses
(a)	Cost of materials consumed	22228200000	90848400000
(b)	Purchases of stock-in-trade	403900000	1547900000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	1593400000	-637100000
(d)	Employee benefit expense	3615400000	14510200000
(e)	Finance costs	1207300000	4762900000
(f)	Depreciation, depletion and amortisation expense	1169400000	4564900000
(f)	Other Expenses
1	Other Expenses	6114200000	24674300000
	Total other expenses	6114200000	24674300000
	Total expenses	36331800000	140271500000
3	Total profit before exceptional items and tax	1467100000	7450500000
4	Exceptional items	-27700000	-316200000
5	Total profit before tax	1439400000	7134300000
6	Tax expense
7	Current tax	537200000	1770100000
8	Deferred tax	-122100000	206300000
9	Total tax expenses	415100000	1976400000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1024300000	5157900000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-37700000	-64800000
16	Total profit (loss) for period	986600000	5093100000
17	Other comprehensive income net of taxes	129600000	-875600000
18	Total Comprehensive Income for the period	1116200000	4217500000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	970400000	4950400000
	Total profit or loss, attributable to non-controlling interests	16200000	16200000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1099000000	4074400000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	17200000	143100000
21	Details of equity share capital
	Paid-up equity share capital	548000000	548000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		47955800000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.54	18.07
	Diluted earnings (loss) per share from continuing operations	3.54	18.05
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.54	18.07
	Diluted earnings (loss) per share from continuing and discontinued operations	3.54	18.05
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes:ttttttttttt n*tStandalone financial information of the Company: tttt(Rs. in Crores)t nPARTICULARSt Quarter Ended tYear Endedt nt31.03.2025t31.12.2024t31.03.2024t 31.03.2025 t 31.03.2024 t(Audited)t(Unaudited)t(Audited)t (Audited) t (Audited) t nTurnovert2690.54 t2514.08 t2629.01 t10244.66 t10349.49 nOperating Profit (PBIDT)280.32 t203.01 t345.79 t1075.25 t1397.22 t nProfit before Tax 135.68 t64.00 t204.35 t529.11 t881.97 t nProfit after Tax 96.55 t46.36 t146.29 t385.23 t590.76 t nStandalone Financial Results for the Quarter and Year ended 31.03.2025 can be viewed on websites of the Company, National Stock Exchange of India Ltd. and BSE Ltd. at www.jktyre.com, www.nseindia.com and www.bseindia.com respectively.t n*The Board has recommended a dividend of Rs.3.00 per equity share i.e.150 % for the financial year ended 31st March, 2025.tt n*The Company operates its business through three operating segments, representing our business on the basis of geographies which are India, Mexico and Others. t ttttt n*Statement of cash flow is attached in Annexure-I.tttt tt n*The Competition Commission of India (“CCI”) on 2nd February 2022 had released an Order dated 31st August 2018 for alleged contravention of provisions of the Competition Act, 2002 against the Company, certain other Tyre manufacturers and Automotive Tyre Manufacturers Association. CCI had imposed a penalty of Rs. 309.95 crores on the Company. The Company had filed an Appeal before the Hon’ble National Company Law Appellate Tribunal against the said CCI Order. The NCLAT, through an order dated 1st December 2022, has disposed of the aforementioned appeal, after taking note of the multiple errors in the said CCI Order dated 31st August 2018, and remanded the matter back to the CCI, to re-examine the matter on merits and also to consider reviewing the penalty (if violation is established) in accordance with the provisions of the Competition Act. CCI has since filed an appeal before Hon’ble Supreme Court of India against NCLAT order dated 1st December 2022. Based on legal advice, the Company continues to believe that it has a strong case, and accordingly, no provision has been made in the accounts. The Company strongly reiterates that there has been no wrongdoing on the part of the Company and reassures all the stakeholders that the Company has never indulged in or was part of any cartel or undertook any anti-competitive practices.t t n*Exceptional items include unfavourable foreign exchange fluctuation of Rs. 2.62 crores & Rs. 28.33 crores and VRS Expense of Rs. 0.15 crore & Rs. 3.29 crores for the quarter and year ended 31.03.2025 respectively.*The figures of current and corresponding quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current / corresponding financial year.t tttttttt n*The Company has a total of 16 subsidiaries and 4 associates as on 31st March, 2025.tt n*The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 20th May, 2025. The auditors of the company have carried out the audit of the same.t tttttttt n*Figures for the previous periods have been regrouped / rearranged, wherever necessary.t t nJK Tyre adjudged 'Best in Class' ESG rating from CareEdge for the second consecutive year nFor JK Tyre & Industries Ltd.t tttttttt nNew Delhit nRaghupati Singhaniat ttttttt n20th May, 2025 nChairman & Managing Directort ttttttt nAdmin. Off.: 3, Bahadur Shah Zafar Marg, New Delhi - 110 002, Phone: 91-11-66001112, 66001122 nRegd. Off.: Jaykaygram, PO- Tyre Factory, Kankroli - 313 342, Rajasthan, Website: www.jktyre.com, Corporate Identity Number: L67120RJ1951PLC045966t ttttttttt nt ttttttttt ntttttttttttt ttttttttt n n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	65237900000
	Capital work-in-progress	4173300000
	Investment property	53100000
	Goodwill	171700000
	Other intangible assets	2052600000
	Intangible assets under development	11200000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	628400000
	Non-current financial assets
	Non-current investments	485300000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	1252800000
	Total non-current financial assets	1738100000
	Deferred tax assets (net)	841100000
	Other non-current assets	746700000
	Total non-current assets	75654100000
2	Current assets
	Inventories	25256000000
	Current financial asset
	Current investments	112900000
	Trade receivables, current	28312900000
	Cash and cash equivalents	1865300000
	Bank balance other than cash and cash equivalents	5248500000
	Loans, current	0
	Other current financial assets	2497800000
	Total current financial assets	38037400000
	Current tax assets (net)	1260600000
	Other current assets	4980600000
	Total current assets	69534600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	145188700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	548000000
	Other equity	47955800000
	Total equity attributable to owners of parent	48503800000
	Non controlling interest	1333000000
	Total equity	49836800000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	20281900000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	9869000000
	Total non-current financial liabilities	30150900000
	Provisions, non-current	1120300000
	Deferred tax liabilities (net)	6084100000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	37355300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	27637400000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	573500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	18347800000
	Total Trade payable	18921300000
	Other current financial liabilities	6376400000
	Total current financial liabilities	52935100000
	Other current liabilities	4879100000
	Provisions, current	181100000
	Current tax liabilities (Net)	1300000
	Deferred government grants, Current	0
	Total current liabilities	57996600000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	95351900000
	Total equity and liabilites	145188700000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	India	34064100000	130188000000
2	Mexico	4496000000	21469900000
3	Others	6400000	13000000
	Total Segment Revenue	38566500000	151670900000
	Less: Inter segment revenue	980500000	980500000
	Revenue from operations	37586000000	146929200000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	India	2647900000	11282200000
2	Mexico	21100000	940700000
3	Others	5400000	-9500000
	Total Profit before tax	2674400000	12213400000
	i. Finance cost	1207300000	1207300000
	ii. Other Unallocable Expenditure net off Unallocable income	27700000	27700000
	Profit before tax	1439400000	7134300000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	India	126562600000	126562600000
2	Mexico	17982200000	17982200000
3	Others	643900000	643900000
	Total Segment Asset	145188700000	145188700000
	Un-allocable Assets	0	0
	Net Segment Asset	145188700000	145188700000
4	Segment Liabilities
	Segment Liabilities
1	India	84324000000	84324000000
2	Mexico	11022800000	11022800000
3	Others	5100000	5100000
	Total Segment Liabilities	95351900000	95351900000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	95351900000	95351900000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement losses on Defined Benefit Plans & Share of Other Comprehensive Income in Associates	73700000	51400000
	Total Amount of items that will not be reclassified to profit and loss	73700000	51400000
2	Income tax relating to items that will not be reclassified to profit or loss	18700000	13600000
3	Amount of items that will be reclassified to profit and loss
1	Exchange Differences on Translating the Financial Statements of Foreign Operations	74600000	-913400000
	Total Amount of items that will be reclassified to profit and loss	74600000	-913400000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	129600000	-875600000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			7134300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			4762900000
	Adjustments for decrease (increase) in inventories			-2970700000
	Adjustments for decrease (increase) in trade receivables, current			-2106700000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-725000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			4564900000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-338400000
	Adjustments for dividend income			3800000
	Adjustments for interest income			671000000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-4200000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-37200000
	Other adjustments for non-cash items			120000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			2590800000
	Net cash flows from (used in) operations			9725100000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			2567400000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			7157700000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			100000000
	Other cash receipts from sales of equity or debt instruments of other entities			122600000
	Other cash payments to acquire equity or debt instruments of other entities			37400000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			6387400000
	Proceeds from sales of investment property			509500000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			607500000
	Interest received			3800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			732200000
	Net cash flows from (used in) investing activities	-4549200000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			8295300000
	Repayments of borrowings			4562800000
	Payments of lease liabilities			407400000
	Dividends paid			912500000
	Interest paid			4787000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2374400000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			234100000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-82000000
	Net increase (decrease) in cash and cash equivalents			152100000
	Cash and cash equivalents cash flow statement at beginning of period			1713200000
	Cash and cash equivalents cash flow statement at end of period			1865300000