JK Tyre projects FY27 consolidated net debt to rise to INR500-700 cr.
Increase driven by CapEx-led long-term loans and working capital needs.
Livesquawk •
JK Tyre projects improved results for Mexico unit JK Tornel in FY27 post Q1 disruptions.
Q1 challenges stemmed from geopolitical issues and labor negotiations, per concall update.
JK Tyre's domestic sales surged 25% YoY, driven by 12% growth in replacement and 42% in OE markets.
The sales boost is attributed to a shift towards higher-value product offerings.
Livesquawk •
JK Tyre projects double-digit revenue growth for FY27, driven by strong demand.
Improved earnings momentum is expected to boost performance heading into FY27.