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JK Tyre Sees Better Margins Ahead as Input Costs Decline
Financial Express Kochi
|May 21, 2025
A decline in raw material costs and planned expansion in capacities across product lines will help in improving margins going forward, according to JK Tyre & Industries.
The Delhi-based firm is expecting a robust growth in demand in the current year powered by favourable movement in the aftermarket segment even as growth in the original equipment maker (OEM) segment is expected to remain benign.
Anshuman Singhania, managing director, JK Tyre & Industries said, "We are seeing a 2.5% decline in raw material (RM) basket from the previous quarter. There would be stabilisation in the full RM basket as we move forward in the quarter."
Denne historien er fra May 21, 2025-utgaven av Financial Express Kochi.
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