Summary
JK Tyre & Industries reported a 73% decline in net profit to Rs 44.09 crore in Q1 FY27, down from Rs 163.35 crore year-on-year, primarily due to increased raw material prices linked to the West Asia crisis. Despite the profit drop, the company's revenue rose to Rs 3,946.24 crore, with domestic volumes growing by 25% in both replacement and OE segments.