South Korean start-up is transforming tyre safety by delivering real-time data insights that go beyond traditional TPMS, monitoring tyre pressure, temperature, wear and alignment. Targeted at fleet operators and manufacturers, BANF’s system improves vehicle safety, reduces costs and supports sustainability. With global partnerships including Volvo and Hyundai, BANF is also exploring market opportunities in India.

When it comes to vehicle safety and fuel efficiency, the role of tyres has often been underrated. Modern vehicles have undergone significant advancements over the decades, evolving from basic mechanical structures to sophisticated mechatronic and digital systems. However, for most, tyres remain largely unchanged – seemingly confined to the traditional black, rubber look without much technological upgrade.

The Tyre Pressure Monitoring System (TPMS), introduced in 1986 within high-end luxury cars, has yet to achieve global standardisation. Apart from a few countries where it is mandated, TPMS remains a novelty even in modern vehicles.

BANF (Begin a New Future), a South Korean start-up focusing on software and hardware technology to fully digitalise tyre information, is determined to change this. In an exclusive conversation with Tyre Trends, Ron Yoogun Lee, VP of Global Business Development at BANF, explains the company’s purpose:

“BANF was founded to address this critical need by integrating smart sensor technology and data analytics into tyre management. Our mission is to elevate vehicle safety, enhance tyre performance and reduce environmental impact through the digitalisation of tyre data. By providing real-time insights into tyre conditions, BANF empowers fleet operators, manufacturers and drivers to optimise maintenance, lower costs and promote sustainability. This drives us to tackle industry challenges with transformative solutions, pioneering a safer and more connected future for mobility.”

Expanding beyond basic TPMS capabilities

Lee explains that one of the primary limitations of current TPMS is its restricted data scope. Traditional TPMS sensors monitor tyre pressure at low frequencies, transmitting data every few minutes but focusing solely on air pressure.

BANF’s technology, however, gathers a wider range of tyre data, including pressure, temperature, tread wear, wheel alignment and even lug nut stability. This approach goes well beyond air pressure monitoring, providing insights that make tyres ‘smarter.’

Using machine learning, BANF’s system analyses the data to offer valuable insights to drivers and fleet operators regarding not only tyre health but also cargo load measurements and road surface conditions. The data is reportedly up to 90 percent accurate.

Lee details the core of BANF’s solution, which is built on two main components:

Tyre-Mounted Sensor (iSensor): A 3-axis accelerometer-based sensor attached (glued) inside the tyre’s inner liner, the only point of contact between the vehicle and the road.

Smart Profiler (Transmitter): Mounted on the mud flap or wheel arch and connected to the vehicle’s battery, this device wirelessly powers the sensor using magnetic resonance, gathering data on the tyre's internal and external conditions.

“Unlike standard TPMS, our system collects and analyses a comprehensive range of data points, offering real-time insights into tyre health and performance. This includes not only pressure but also factors such as temperature, tread wear and load, providing a more complete picture of the tyre’s condition,” he says.

BANF considers its unique selling point to be its advanced digitalisation and data analytics capabilities. The system empowers fleet managers, manufacturers and drivers to make proactive, data-driven decisions to enhance safety, optimise tyre performance and reduce maintenance costs. This comprehensive approach to tyre monitoring addresses the limitations of traditional TPMS, meeting the rising demand for safer, smarter and more efficient mobility solutions.

Continuous power and data collection

BANF’s technology enables continuous power supply to high-speed rotating tyres using resonant wireless power transmission. This allows the internal sensors to continuously collect data while driving, capturing 3-axis (X, Y, Z) accelerometer data to support advanced algorithm development. Additionally, BANF leverages mathematical modelling expertise to ensure high efficiency and minimal error in resonant wireless power environments.

Despite TPMS technology existing for over four decades, it still lacks widespread adoption. Why is that? Is it due to cost, awareness or maturity of the technology? Lee attributes the slow adoption of basic TPMS to limited consumer awareness and the system’s restricted functionality.

While TPMS provides basic air pressure information, it does not address other crucial aspects of tyre health, such as temperature, tread wear and load. This limited capability diminishes its perceived value, especially among consumers and manufacturers seeking comprehensive solutions.

“However, with the inevitable rise of electric vehicles (EVs) and autonomous vehicles (AVs), the demands on tyres are increasing. EVs, with their heavier batteries and higher torque, place additional stress on tyres, while AVs, designed for continuous operation, further amplify this strain. Traditional tyre monitoring methods, such as visual inspection, are inadequate for autonomous vehicles. As these trends reshape the automotive landscape, the need for advanced tyre monitoring systems that go beyond basic TPMS is growing. This shift will likely increase consumer awareness and drive the adoption of more comprehensive tyre monitoring solutions,” explains Lee.

While BANF may still be relatively unknown, the Korean start-up is already collaborating with major players like CampX by Volvo Group, Hyundai Motor Group, DHL and more than 20 other global organisations.

“Our primary target clients are fleet management companies operating commercial vehicles, particularly in the Truck and Bus Radial (TBR) segment. These clients benefit most from our advanced tyre monitoring solutions due to the significant return on investment (RoI) from optimised tyre usage, enhanced safety and reduced maintenance costs. By providing real-time insights into tyre health, we enable fleet operators to make data-driven decisions that minimise downtime and maximise efficiency. We currently produce 1,000 units monthly and are expanding our manufacturing capabilities,” shares Lee.

Plans for India and tyre safety

India, traditionally a cost-conscious market, has emerged as a major manufacturing hub and one of the fastest adopters of new technologies. In response to a question on BANF’s potential interest in India, Lee reveals:

“We are currently working with several companies in India, including major tyre manufacturers, vehicle manufacturers and last-mile fleet operators. We are supported by KISED, an arm of the Ministry of SMEs of Korea and NIPA, part of the Ministry of Science and ICT. We are actively engaging with stakeholders in the Indian innovation ecosystem and will be visiting India shortly to strengthen partnerships and explore further opportunities.”

Acknowledging India’s cost-sensitive market, Lee adds, “We are considering options for a facility setup worldwide, with India being one of our top choices.”

Road safety remains a priority for both the Indian automotive industry and the world. Despite numerous initiatives and technologies, the World Health Organisation (WHO) reports that 1.19 million lives are lost in road accidents each year. Road traffic injuries are the leading cause of death for children and young adults aged 5–29 years, with 92 percent of fatalities occurring in low- and middle-income countries.

Focus areas for tyre industry safety and efficiency

Lee identifies three key areas where the tyre industry can improve safety and efficiency:

1. Advanced Materials: Developing new tyre compounds that enhance durability and reduce rolling resistance can improve safety and energy efficiency. Lightweight, high-strength materials reduce energy loss and extend tyre life, crucial for EVs demanding lower energy consumption for longer range.

2. Intelligent Monitoring Systems: Smart sensors to monitor tyre health in real-time are increasingly essential. By tracking metrics such as pressure, temperature, tread wear and load, intelligent systems can alert drivers or fleet managers to potential issues before they escalate. This proactive approach enhances safety and fuel efficiency, as well-maintained tyres contribute to better aerodynamics and lower fuel consumption.

3. Sustainable Manufacturing: Optimising production to minimise environmental impact is crucial. Using eco-friendly materials, reducing waste and recycling tyres contributes to a more sustainable industry, aligning with global trends towards green manufacturing and supporting the energy efficiency goals of the automotive industry.

INTERVIEW: Ron Yoogun Lee

What are the upcoming key trends you see in the tyre industry?

One of the key trends in the tyre industry is the increasing emphasis on safety. As vehicles become more advanced, with a growing number of electric vehicles and autonomous vehicles entering the market, the demands placed on tyres are intensifying. EVs, for instance, have heavier loads and higher torque, which increase wear and tear on tyres, while AVs require consistent, reliable performance to operate safely around the clock. These factors are driving the need for smarter tyre solutions that go beyond traditional monitoring systems.

There is a growing demand for intelligent tyre technologies that provide real-time data on various parameters like pressure, temperature, tread wear and load. Such capabilities allow fleet operators, manufacturers and individual drivers to maintain tyre safety proactively, reduce maintenance costs and ensure optimal performance under diverse conditions. Meeting the advanced requirements of EV and AV clients is crucial, as their vehicles rely on enhanced tyre performance for safety and efficiency. As a result, the industry is moving towards digitalisation and smart sensors to address these evolving needs, marking a significant shift in tyre technology and monitoring.

What is BANF’s business plan (OE supplier), or you will also look at aftermarket opportunities?

BANF’s business plan primarily centres around building strong partnerships with Original Equipment (OE) manufacturers and OE suppliers. Our goal is to enhance tyre safety and efficiency directly at the manufacturing stage, ensuring that end customers benefit from high-quality, intelligent tyre solutions from the outset. Currently, our focus is on the commercial vehicle segment, where we see substantial demand for advanced tyre technology to improve safety, performance and operational efficiency.

That said, we also recognise the significant potential in the aftermarket sector and are actively exploring opportunities to expand into this space. The aftermarket offers us the chance to provide a wider range of products and services directly to end-users. By pursuing both OE partnerships and aftermarket avenues, we aim to deliver innovative tyre solutions that meet the evolving needs of our customers across the entire lifecycle of their vehicles.

What are the other products or areas that you would look to focus on?

Looking ahead, we still believe there is a lot can come out from tyre. We are currently developing many other advanced features to be announced soon. In a sense of product portfolio, we are looking into two-wheeler, three-wheeler market and also airplane tyres.

The Linglong Sport Master has received a ‘recommendable’ overall rating from the ACE Auto Club Europe following a comprehensive summer tyre test. The evaluation focused on performance in the popular 225/40 R18 XL size, suitable for models like the Volkswagen Golf and Audi A3. To ensure impartiality, the tyres were purchased anonymously from retailers, and three VW Golf 8s served as the test vehicles.

The assessment was structured around three key categories: safety in wet conditions, safety in dry conditions and environmental impact, with a maximum possible score of 170 points. The wet handling segment, which carries the greatest weight in the overall ranking, was given particular emphasis due to its critical importance for everyday driving safety in challenging weather.

In this rigorous evaluation, the Linglong tyre stood out for its exceptional performance on wet roads, matching the results of the test winner in this crucial safety discipline. It also proved to be a top contender during dry handling assessments and noise level measurements. Notably, the Sport Master achieved these high safety marks while being the most affordable option in the test group, demonstrating that cost does not have to compromise quality.

The rolling resistance tests conducted in Finland further confirmed its balanced approach to economy and environment. Its performance was so strong that it earned the ACE ‘recommendable’ rating overall. The test highlights that this budget-friendly tyre delivers premium-level safety and handling without compromise. The tyre is available in over 70 sizes ranging from 16 to 22 inches.

The global tyre industry faces unprecedented complexity as electrification, sustainability and intelligent vehicle systems reshape demands on materials, design and performance. CenTiRe, under Professor Saied Taheri, bridges gaps between academia and industry, integrating fundamental research with real-world constraints, fostering collaborative innovation and training engineers capable of navigating the evolving landscape of tyre and mobility technology.

The Center for Tire Research (CenTiRe) is a collaborative, industry-led research consortium partnered with Virginia Tech and the University of Akron, established in 2011–12 with seed funds from the National Science Foundation (NSF). At the time, the global tyre research ecosystem was strong in individual areas like materials, testing, vehicle dynamics and manufacturing but fragmented with few environments where these pieces were brought together in a sustained, pre-competitive way.

A critical gap was the disconnect between fundamental research and the practical questions industry engineers faced. Academic work often focused on isolated phenomena, while industry research and concept development (RCD) was under pressure to deliver solutions on compressed timelines.

Foundational problems like tyre-road interaction, variability and system-level behaviour rarely received attention in ways that were both rigorous and industrially relevant. Talent development was another challenge as companies needed engineers who could navigate experiments, modelling and real-world constraints, but training pathways were siloed.

CenTiRe was created to bridge these gaps by exposing students to industry-relevant problems early and consistently.

“Since its formation, CenTiRe’s role has evolved alongside the industry,” said CenTiRe Director and Professor Saied Taheri during an exclusive interaction with Tyre Trends.

“What began as a focus on core tyre mechanics and testing has expanded to include electrification-driven challenges, intelligent tyres, data-driven methods and stronger integration with vehicle control and mobility systems. Perhaps most importantly, the centre has evolved from a research hub to a long-term collaborative platform. Its value today lies not just in technical outputs but in continuity, providing a space where companies can step back from short-term pressures, share understanding and collectively address problems no single organisation can efficiently solve alone,” he added.

Taheri’s own focus on tyre and vehicle dynamics took shape during graduate work at Clemson University and was reinforced by observing how tyres were often treated as secondary in vehicle development, despite being the primary interface with the road.

Early experience across industry and academia showed that many vehicle-level challenges cannot be fully understood without deeper understanding of the tyre itself. Industry work underscored the importance of realism, while academic work highlighted the potential of revisiting often-overlooked fundamentals.

These experiences shaped his approach to applied research, emphasising physical understanding alongside practical implementation. More than three decades in the field have reinforced his belief that the most impactful research occurs at the boundaries between disciplines, organisations and theory and practice, a perspective that continues to guide both his work and CenTiRe.

CONVERGING PRESSURES

Tyre research today is being reshaped by several major shifts occurring simultaneously rather than sequentially, creating a level of complexity that is unprecedented. Electrification, higher instantaneous torque and evolving mobility expectations are placing new and often conflicting demands on tyres.

“Electric vehicles fundamentally alter the operating envelope as high torque at low speeds accelerates wear and introduces new fatigue and durability mechanisms, while increased vehicle mass raises concerns around rolling resistance, heat generation and structural integrity,” said Taheri.

At the same time, customers expect quieter and more comfortable tyres, which can run counter to traditional approaches to stiffness, robustness and durability.

These challenges are compounded by the fact that tyres are increasingly expected to function as part of an integrated vehicle system, interacting closely with advanced control systems, sensors and software.

Yet, physical understanding and modelling capabilities are still catching up, particularly under transient, highly nonlinear conditions that dominate real-world operation.

Taheri adds that sustainability is another critical layer as the industry is under pressure to reduce environmental impact without compromising safety or performance, forcing a rethinking of materials, testing methods and even optimisation criteria.

From a manufacturing and testing perspective, many existing processes were developed for a very different operating regime, assuming steady-state loading, gradual wear and clearly separated performance attributes.

He also noted that next-generation tyres, especially for electrified and automated vehicles, face higher torque transients, tighter noise, vibration and harness requirements and broader duty cycles, exposing sensitivities to material variability, curing and construction that are not always measured or controlled with sufficient resolution.

“On the testing side, a widening gap exists between laboratory validation and real-world use as standardised tests remain essential, but they often fail to capture coupled thermal, mechanical, acoustic and control-related phenomena, leading to continued reliance on correlation rather than true prediction,” contended Taheri.

Shrinking development cycles further strain this system as physical testing is costly and slow, while models and surrogate tests are asked to deliver more insight without always having robust validation frameworks.

“Data analytics and machine learning are beginning to play a meaningful role in addressing some of these pressures, particularly in areas with large, well-curated datasets such as manufacturing quality monitoring and test data analysis, where they can reveal sensitivities and patterns that are otherwise difficult to detect,” noted Taheri.

However, in performance-critical domains governed by strongly nonlinear, physics-driven behaviour, these tools function best as complements rather than replacements for physical understanding.

The most promising advances are emerging from hybrid approaches that integrate physics-based models, experiments and data-driven methods.

Overall, the central challenge and opportunity is not solving any single issue in isolation but developing integrated frameworks that intelligently manage trade-offs, supported by better physics, better data and stronger cross-disciplinary collaboration.

PUSHING THROUGH OBSTACLES

Taheri has been working on tyre-road friction, terramechanics and intelligent tyres for decades and his work is cited globally. However, these areas still remain technically challenging despite decades of prior research.

Commenting on the same, he noted, “These areas remain challenging because they sit at the intersection of multiple uncertainties that are difficult to control, measure or model simultaneously. At a fundamental level, the tyre-road interface is a highly nonlinear, transient and multiscale phenomenon involving viscoelastic materials, evolving surface conditions, temperature effects and micro- to macro-scale interactions that change continuously during operation. Even small variations in road texture, contamination or load can cause disproportionately large changes in friction behaviour.”

In terramechanics, he noted, the challenge is compounded by the deformable and history-dependent nature of the road. Soil properties vary spatially and temporally and rolling fundamentally alters the medium itself, making repeatability and generalisation difficult.

Intelligent tyres add further complexity through sensing, while ensuring robustness, durability and cost-effectiveness is inherently challenging and converting those measurements into reliable, control-relevant information remains an open problem.

“Progress in materials, sensing or modelling often reveals new limitations elsewhere and as vehicle systems evolve, particularly with electrification and automation, the boundary conditions continue to shift. Consequently, these are not unsolved problems but continuously evolving ones, with each vehicle generation raising the bar for accuracy, robustness and integration,” added Taheri.

At CenTiRe, Taheri said, addressing such complexity requires integration that goes beyond organisational structure and is embedded in how research questions are framed and executed.

Problems are defined around physical phenomena or performance gaps rather than along disciplinary lines. This ensures that materials behaviour, manufacturing variability, modelling assumptions and testing constraints are considered from the outset, rather than addressed sequentially.

People, he added, are central to this approach. Students and researchers are deliberately exposed to multiple domains, while industry partners are engaged throughout the project lifecycle rather than brought in only as reviewers. This helps create a shared technical language and reduces the risk of research fragmenting into isolated silos.

“The objective is not to make everyone an expert in everything but to ensure that insights generated in one domain are meaningful, transferable and usable across the others,” Taheri noted.

NEW VISTAS

Taheri views fundamental science and industrial relevance as mutually dependent rather than competing.

“In academia, advancing understanding, especially where assumptions or models fall short, must ultimately inform design, manufacturing or validation to have real impact. At CenTiRe, this balance is achieved by deliberately selecting fundamental problems tied to real-world constraints such as manufacturing variability, testing limits and control-system needs,” he said.

Education is central to this approach as training students to think rigorously while recognising practical constraints creates a vital bridge between science and application. The balance is achieved through alignment, not compromise, by choosing problems where scientific progress and practical implementation advance together.

One area where this is particularly evident is smart and intelligent tyres. “These tyres have the potential to fundamentally change how vehicles perceive and interact with the road, though the transformation will be evolutionary rather than sudden,” noted Taheri.

Traditionally, the tyre has been treated as a passive element in vehicle control with behaviour inferred indirectly from wheel speed, acceleration or yaw signals. Intelligent tyres allow more direct observation of the contact patch, providing real-time data on grip, load, temperature and surface conditions. This can significantly improve control robustness, especially in low-friction or rapidly changing environments.

However, integrating tyre-level information into vehicle control introduces challenges around signal reliability, latency, validation and redundancy, particularly for safety-critical and autonomous applications.

Another key issue is abstraction as raw tyre data must be converted into physically meaningful, trustworthy indicators that can be fused with other vehicle and environmental sensors.

In autonomous driving, intelligent tyres may not act as primary perception sensors, but they can play a critical supporting role by informing systems what is actually achievable at the tyre-road interface, rather than what is assumed.

“Ultimately, this represents a shift from tyres as passive components to active contributors to vehicle intelligence, requiring advances not only in sensing but also in modelling, validation and system-level integration,” said Taheri.

TRUSTED COLLABORATION

Tyre development today faces the formidable challenge of reconciling performance, safety and environmental responsibility across the entire lifecycle. Materials that deliver wet grip, durability and fatigue resistance often carry significant environmental footprints, and replacing them without introducing new risks is technically difficult.

At the same time, improving rolling resistance to enhance energy efficiency, particularly for electric vehicles, can conflict with wear, noise and grip, while higher vehicle mass and torque further complicate trade-offs.

Wear and abrasion present another concern as tyre particles are increasingly recognised as an environmental issue, yet understanding of their generation and transport mechanisms remains incomplete.

End-of-life considerations amplify these challenges, since tyres were not historically designed for disassembly or reuse, making recycling and circularity systemic design problems. Addressing these issues requires lifecycle-based thinking, advanced predictive tools and close integration of materials, manufacturing and vehicle disciplines.

Alluding to these, Taheri noted, “CenTiRe addresses these complexities through a pre-competitive collaborative model that brings together global tyre and automotive companies in a neutral, trust-based framework. By focusing on fundamentals, the centre creates shared understanding while allowing individual companies to retain proprietary advantages in design and implementation. Its role is to reduce upstream uncertainty and risk, providing rigorous, unbiased validation that benefits all members.”

Industry continues to invest in this model because the technical challenges of electrification, system integration and sustainability are too complex and costly to tackle in isolation. Beyond technical outputs, the consortium fosters a shared language, trust and a culture of collaboration that enables competitors to learn from each other without compromising competitiveness.

Looking ahead, the hope is that Taheri and CenTiRe are recognised less as a single person or centre and more as a trusted ecosystem that helped the tyre and mobility industry think more rigorously and collaboratively about tyre performance, safety and sustainability.

“Success will be measured by the engineers trained to bridge physics and manufacturing realities, the risk de-risked through sound modelling and experimentation and the elevated global technical conversation around tyres,” said Taheri.

Equally important is the role of CenTiRe in building bridges between disciplines, companies and generations of engineers, helping the industry better understand and respect one of the most complex yet underappreciated components of mobility.

Over the next decade, this vision positions CenTiRe as both a technical and cultural catalyst for the global tyre and mobility sector. n

Continental has once again received recognition from the CDP for its transparent and proactive approach to environmental stewardship, securing an ‘A-‘ rating for climate action and supply chain management. Formerly known as the Carbon Disclosure Project, this independent non-profit evaluates corporate environmental impact using a rigorous scoring system that ranges from ‘A’ for leadership to ‘D’ for initial disclosure. Continental’s latest score reflects its strong performance in reducing CO₂ emissions, advancing low-carbon innovation and promoting sustainability across its supplier network. The company also maintained a ‘B’ rating in water management for the second year in a row, underscoring its consistent efforts in this area.

For over 15 years, Continental has taken part in CDP assessments, which help investors and other stakeholders gauge how effectively companies are addressing environmental challenges. In the climate category, CDP considers factors such as emissions reduction initiatives, environmental policies and the influence a company exerts on its suppliers’ sustainability practices. Continental’s rating affirms its commitment in each of these areas.

A cornerstone of the company’s climate strategy is its participation in the RE100 initiative, through which it has sourced green electricity since 2020. This includes power generated from on-site solar installations as well as electricity procured through regional and grid-wide power purchase agreements. These contracts not only ensure a steady supply of renewable energy and price stability but also contribute to the expansion of new wind and solar projects. Together, these efforts help reduce Scope 2 emissions. Further energy savings are achieved through efficiency upgrades such as better insulation of production equipment, LED lighting retrofits and systematic leak detection and repair.

In water management, Continental has made significant progress by reducing water withdrawal per metric tonne of product by more than 10 percent between 2020 and 2025. This reduction, equivalent to 197 million litres, was accomplished through measures like water reuse, treatment and more efficient usage across its facilities.

The company also prioritises traceability and transparency in its raw material supply chains. It enforces strict sourcing standards, engages directly with local producers – for instance, by training smallholder farmers in sustainable natural rubber cultivation – and employs digital tools to monitor and improve supply chain integrity. Additionally, Continental invests in alternative materials to lessen its environmental footprint. These include silica derived from rice husk ash, tall oil from paper production and polyester fibres made from recycled PET bottles collected in regions lacking bottle deposit systems.

Jorge Almeida, Head of Sustainability, Continental Tires, said, “We constantly optimise production, products and processes through all phases of a tyre’s life cycle – from raw-material sourcing and manufacturing to use and end-of-life management. We are committed to climate action in our own operations and through close collaboration with our suppliers.”

Tolins Tyres Limited reported a rise in quarterly revenue as demand recovered across retreading materials and new tyre segments.

Revenue for the three months to 31 December 2025 increased 33.8 percent year on year to INR 933 million, while earnings before interest, tax, depreciation and amortisation (EBITDA) rose to INR 142 million. Net profit declined to INR 105 million from INR 109 million a year earlier.

For the first nine months of the financial year, revenue rose 11.8 percent to INR 2.49bn. EBITDA fell to INR 366 million from INR 426 million, and net profit declined to INR 268 million from INR 294 million.

Tolins Tyres said growth in the quarter was supported by higher volumes in domestic markets and increased contribution from recently launched agricultural tyres. The India business remained the main source of revenue, while UAE operations contributed steadily.

Dr K V Tolin, promoter, chairman and managing director of Tolins Tyres Limited, said, “Q3 FY26 marked a strong rebound in performance with robust year-on-year revenue growth and clear recovery in volumes across both retread and new tyre segments. The deferred demand witnessed in Q2 has meaningfully converted into orders during the quarter, reflecting improved customer sentiment and normalized buying patterns following the GST revision.

The agricultural segment delivered encouraging traction, with our newly launched tractor rear tyre range beginning to contribute meaningfully to revenues. The increasing share of tractor tyres in our overall mix validates our strategic focus on expanding presence in high-demand farm tyre categories. Distribution expansion and deeper engagement with institutional customers further supported volume growth across key markets.

For the nine-month period, the Company has demonstrated resilience and improved operational momentum. With demand visibility strengthening, a diversified customer base, and continued cost discipline, we believe Tolins Tyres is well-positioned to sustain growth in the coming quarters while maintaining focus on margin stability and operational efficiency.”