GRP Reports 20% Revenue Growth, Plans Major Expansion into Tyre Recycling
GRP Reports 20% Revenue Growth, Plans Major Expansion into Tyre Recycling
  • February 07, 2025

Indian rubber recycling company GRP Limited reported 20% YoY revenue growth for Q3 and the first nine months of FY25, despite margin pressures from rising raw material costs. The company achieved INR 1,327 million revenue in Q3 with 9.8% EBITDA margins an

MRF's Profit Drops 38% Despite Revenue Growth on Rising Input Costs
MRF's Profit Drops 38% Despite Revenue Growth on Rising Input Costs
  • February 07, 2025

MRF, India’s leading tyre manufacturer, posted a 38% decline in Q3 profit to INR 3.15 billion, despite a 13.76% rise in revenue to INR 70.99 billion. Higher raw material costs, including natural rubber and crude-based inputs, along with currency fluctua

TyreSafe Collaborates With RED Driver Training To Promote Road Safety Among New Drivers
TyreSafe Collaborates With RED Driver Training To Promote Road Safety Among New Drivers
  • February 07, 2025

TyreSafe has entered into a partnership with RED Driver Training, one of the UK’s leading driving schools, officially making it as its first dedicated driving school supporter.

Apollo Tyres Net Profit Drops  as Raw Material Costs Weigh on Margins
Apollo Tyres Net Profit Drops as Raw Material Costs Weigh on Margins
  • February 06, 2025

Apollo Tyres Ltd. reported a 5% year-over-year increase in Q3 FY25 revenue, reaching ₹69.28 billion, but net profit fell 32% to ₹3.37 billion due to rising raw material costs. For the nine-month period, revenue grew 3% to ₹197 billion, while net pro

Eurogrip Showcases Flagship Two-Wheeler Tyre Range At AIMExpo 2025
Eurogrip Showcases Flagship Two-Wheeler Tyre Range At AIMExpo 2025
  • February 06, 2025

Eurogrip Tyres, India’s leading two- and three-wheeler tyre brand, is displaying its flagship two-wheeler tyre range at the ongoing American International Motorcycle Expo (AIMExpo) 2025, North America’s largest motorcycle and powersports tradeshow. Th

Nokian Tyres Reports 12.8% Sales Growth, New CEO Takes Helm
Nokian Tyres Reports 12.8% Sales Growth, New CEO Takes Helm
  • February 06, 2025

Nokian Tyres reported a 12.8% rise in Q4 sales to $447.3M, though operating profit dropped to $16.6M due to disruptions. For 2024, net sales grew 9.9% to $1.39B, while annual profit fell sharply to $1.94M. New CEO Paolo Pompei emphasized growth via capaci