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BKT Reports Growth Despite European Headwinds; Plans INR 12 billion Capex for FY26
February 08, 2025
Balkrishna Industries Ltd. (BKT) reported a 5% YoY volume growth in Q3 FY25, with standalone revenue increasing by 11% to INR 25.71 billion. Despite challenges in Europe, its largest market, BKT remains optimistic, maintaining its sales growth forecast. T
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Yokohama Rubber Secures Spot In CDP’s A List On Climate Change
February 07, 2025
The Yokohama Rubber Co., Ltd., has once again secured a spot in CDP’s A List of companies for its leadership in corporate sustainability. This is Yokohama Rubber’s third-straight and sixth time on the A list by the global environmental non-profit orga
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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
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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
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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.
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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
