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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
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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
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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
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JK Tyre Q3 Profit at INR 570 Mln Amid Raw Material Pressure; Plans Price Hikes
February 04, 2025
JK Tyre & Industries reported Q3 FY25 revenue of INR 36.94 billion with an operating profit of INR 3.35 billion and a nine percent EBITDA margin, impacted by rising raw material costs. The company has implemented cumulative price hikes of four percent thi
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JK Tyre Names Arun Kumar Jaura as Chief Technology Officer
February 04, 2025
JK Tyre & Industries has named Arun Kumar Jaura as its Chief Technology Officer to strengthen its R&D and technology capabilities. With over 40 years of experience in sustainability, hybrid vehicle engineering, and global automotive product development, J
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German Rubber Industry Association Slams Parties for Lack of Economic Focus
February 04, 2025
The German Rubber Industry Association (wdk) has criticized political parties for failing to outline concrete economic policies in their federal election manifestos. wdk President Michael Klein warned that Germany's industrial sector, particularly small a
