SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JK Tyre & Industries reports 54% rise in Q4 consolidated net profit

22 May 2024 Evaluate

JK Tyre & Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported over 2-fold jump in its net profit at Rs 146.29 crore for the quarter under review as compared to Rs 67.32 crore for the same quarter in the previous year. Total income of the company increased by 9.36% at Rs 2629.01 crore for Q4FY24 as compared Rs 2403.90 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 53.87% rise in its net profit at Rs 171.66 crore for fourth quarter ended March 31, 2024 as compared to Rs 111.56 crore for the same quarter in the previous year. Total income of the company increased by 1.90% at Rs 3714.08 crore for Q4FY24 as compared Rs 3644.92 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported over 3-fold jump in its net profit at Rs 590.76 crore as compared to Rs 183.77 crore for the previous year. Total income of the company increased by 7.25% at Rs 10349.49 crore for year under review as compared to Rs 9649.44 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 3-fold jump in its net profit at Rs 805.94 crore as compared to Rs 263.05 crore for the previous year. Total income of the company increased by 2.48% at Rs 15046.13 crore for year under review as compared to Rs 14681.46 crore for year ended March 31, 2023. 

JK Tyres & Inds. Share Price

428.30 8.35 (1.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×