JKTYRE2024-01-012024-03-31 JKTYRE2024-01-012024-03-31 JKTYRE2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member JKTYRE2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member JKTYRE2024-03-31 JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member JKTYRE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member JKTYRE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member JKTYRE2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member JKTYRE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member JKTYRE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member JKTYRE2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member JKTYRE2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member JKTYRE2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member JKTYRE2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member JKTYRE2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member JKTYRE2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JKTYRE2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member JKTYRE2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member JKTYRE2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530007 JKTYRE NOTLISTED JK Tyre & Industries Limited Equity 2023-04-01 2024-03-31 2024-05-21 2024-05-14 INR Crores Yearly 13:45:00 16:50:00 2024-05-21 2024-05-21 true Cash Flow Indirect Declaration of unmodified opinion Geographical 2024-01-01 2024-03-31 Audited Consolidated 36984500000.00 156300000.00 37140800000.00 22543500000.00 629100000.00 -1334100000.00 3690700000.00 1086100000.00 1120000000.00 6643700000.00 34379000000.00 2761800000.00 -244600000.00 2517200000.00 747200000.00 21000000.00 768200000.00 0.00 1749000000.00 0.00 0.00 0.00 -32400000.00 1716600000.00 135600000.00 1852200000.00 1693300000.00 23300000.00 1829500000.00 22700000.00 521400000.00 2 6.18 6.16 0.00 0.00 6.18 6.16 Notes: *Standalone financial information of the Company (Co.): (Rs.inCrs.) PARTICULARS Qtr Ended Year Ended 31.3.202431.12.202331.3.2023 31.3.2024 31.3.2023 (Audited)(Unaudited)(Audited)(Audited)(Audited) Turnover 2629.01 2574.21 2403.90 10349.49 9649.44 Operating Profit (PBIDT) 345.79 373.43 231.20 1397.22 806.33 Profit before Tax 204.35 250.24 98.20 881.97 270.07 Profit after Tax 146.29 164.35 67.32 590.76 183.77 Standalone Financial Results for the Qtr and Year ended 31.3.24 can be viewed on websites of the Co., NSE and BSE at www.jktyre.com, www.nseindia.com and www.bseindia.com respectively. *The Board has recommended a dividend of Rs.4.50 per Eq. share (including interim dividend of Rs.1 per Eq. share already paid) i.e.225% for the FY ended 31.3.24. *The Co. operates its business through 3 operating segments, representing our business on the basis of geographies which are India, Mexico and Others. *Statement of cash flow is attached in Annexure-I. *During the year, the Co. has allotted 14492749 Eq. shares of F.V. of Rs.2 each to eligible QIBs at the issue price of Rs.345 per Eq. Share, (including premium of Rs.343 per Eq. Share), aggregating to Rs.500 crs. Pursuant to the allotment of such Eq. Shares, the paid-up Eq. share capital of the Co. stands increased from Rs.49.25 crs to Rs.52.14 crs consisting of 260723629 Eq. Shares. *The Ministry of Environment, Forest and Climate Change vide Nt. dt 21.7.22, notified Regulations on Extended Producer Responsibility (EPR) for waste tyre. Under the said Regulations, the Co. is required to meet specified waste recycling targets (levy) from the FY ended 31.3.23 onwards. The obligations are to be fulfilled by purchasing certificates from the recyclers who are registered with the CPCB. The Calculation of the levy is based on the domestic revenue, generated in FY 20-21 (used for computing obligation in FY 22-23) and in FY 21-22 (used for computing obligation in FY 23-24). Consequently, the Co. is required to recognize a liability with respect to the levy as at the end of the current FY. Due to lack of necessary mechanism/ infrastructure for the fulfilment of aforesaid obligation in the earlier year, the Co. has recognized the provision for the FY ended 31.3.23, amounting to Rs.32.30 crs in the year ended 31.3. 24 (which has been disclosed as an exceptional item).The provision taken for FY 23-24 is Rs.73.33 crs (which has been disclosed as part of other expenses).*Exceptional items also include favourable foreign exchange fluctuation of Rs.8.78 crs & Rs.10.11 crs and VRS Expense of Rs.0.94 cr & Rs.5.16 crs for the qtr and year ended 31.3.24 respectively.*The figures of current and corresponding qtr are the balancing figures between audited figures in respect of the full FY and the published year to date figures upto the 3rdqtr of the current/corresponding FY. *The above results have been reviewed by the Audit Committee and approved by the Board at their respective meetings held on 21.5.24.The auditors have carried out the audit of the same. *Figures for the previous periods have been regrouped/rearranged, wherever necessary In view of space constraints while filing results, the note regarding Competition Commission of India and the ongoing case pertaining thereto is not reproduced here for which PDF file may be referred. Geographical 2023-04-01 2024-03-31 Audited Consolidated 150017800000.00 443500000.00 150461300000.00 87969500000.00 2150400000.00 606500000.00 14318300000.00 4469300000.00 4367500000.00 24197100000.00 138078600000.00 12382700000.00 -273500000.00 12109200000.00 3390600000.00 603800000.00 3994400000.00 0.00 8114800000.00 0.00 0.00 0.00 -55400000.00 8059400000.00 381400000.00 8440800000.00 7862300000.00 197100000.00 8244600000.00 196200000.00 521400000.00 2 44345700000.00 29.84 29.74 0.00 0.00 29.84 29.74 Other Expenses 6643700000.00 Other Expenses 24197100000.00 1193400000.00 65622000000.00 3658300000.00 54100000.00 0.00 2612000000.00 11700000.00 0.00 601700000.00 669500000.00 0.00 0.00 947800000.00 1617300000.00 829100000.00 373100000.00 75379300000.00 22815900000.00 112300000.00 27544400000.00 1713200000.00 5981900000.00 0.00 1473500000.00 36825300000.00 818000000.00 5106400000.00 65565600000.00 0.00 0.00 140944900000.00 521400000.00 44345700000.00 44867100000.00 46060500000.00 21868500000.00 0.00 9208900000.00 31077400000.00 1181000000.00 5768100000.00 0.00 0.00 38026500000.00 22865800000.00 21572100000.00 6388400000.00 50826300000.00 5367200000.00 315400000.00 349000000.00 0.00 56857900000.00 0.00 0.00 94884400000.00 140944900000.00 India 32152000000.00 Mexico 6117700000.00 Others 7500000.00 India 129240900000.00 Mexico 26266600000.00 Others 7500000.00 38277200000.00 155515000000.00 1292700000.00 5497200000.00 36984500000.00 150017800000.00 India 3543700000.00 Mexico 301400000.00 Others 2800000.00 India 15431100000.00 Mexico 1430900000.00 Others -10000000.00 3847900000.00 16852000000.00 1086100000.00 4469300000.00 244600000.00 273500000.00 2517200000.00 12109200000.00 India 122619500000.00 Mexico 17747500000.00 Others 577900000.00 140944900000.00 India 83274800000.00 Mexico 11602000000.00 Others 7600000.00 94884400000.00 0.00 94884400000.00 4469300000.00 -780500000.00 -5474600000.00 0.00 0.00 0.00 0.00 0.00 0.00 4136500000.00 0.00 0.00 0.00 4367500000.00 0.00 0.00 0.00 0.00 0.00 -469100000.00 4100000.00 336900000.00 0.00 -30100000.00 0.00 0.00 132400000.00 204800000.00 0.00 6215200000.00 18324400000.00 0.00 0.00 0.00 2182800000.00 0.00 16141600000.00 0.00 0.00 114900000.00 34500000.00 0.00 0.00 0.00 0.00 301100000.00 7743000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4100000.00 187300000.00 0.00 -4910600000.00 0.00 -12080700000.00 0.00 0.00 4915900000.00 0.00 0.00 0.00 0.00 0.00 2995200000.00 6249200000.00 0.00 498100000.00 753200000.00 4543400000.00 0.00 0.00 -4132800000.00 -71900000.00 53600000.00 -18300000.00 1731500000.00 1713200000.00 Re-measurement losses on Defined Benefit Plans & Share of Other Comprehensive Income in Associates 111300000.00 Re-measurement losses on Defined Benefit Plans & Share of Other Comprehensive Income in Associates -108000000.00 111300000.00 -108000000.00 39600000.00 -32000000.00 Exchange Differences on Translating the Financial Statements of Foreign Operations 63900000.00 Exchange Differences on Translating the Financial Statements of Foreign Operations 457400000.00 63900000.00 457400000.00 0.00 0.00