JK Tyre profits slump as raw material costs surge
JK Tyre & Industries reported a 2% year-on-year rise in consolidated revenue to INR39.56 billion (€360 million) in Q1 FY2027, but earnings before interest, taxes, depreciation, and amortization (EBITDA) plunged 36.8% to INR2.68 billion. The company cited strong demand across…