Latest news with #RaghupatiSinghania
Fashion Value Chain
19-06-2025
- Business
- Fashion Value Chain
IIM Lucknow and JK Organisation Host Prestigious Leadership Awards, Honouring India's Changemakers
IIM Lucknow and JK Organisation jointly hosted the Lakshmipat Singhania National Leadership Awards 2025 in New Delhi. The awards honour individuals creating a meaningful impact on Indias socio-economic growth through leadership, innovation, and integrity. Indian Institute of Management Lucknow jointly hosted the Lakshmipat Singhania National Leadership Awards Ceremony with JK Organisation, in the presence of Smt. Nirmala Sitharaman, Hon'ble Finance Minister, as the Chief Guest, honouring some of India's most inspiring and transformational leaders. The event, instituted in memory of the visionary industrialist and philanthropist Late Shri Lakshmipat Singhania, honoured some of the nation's most inspiring leaders who are shaping Indias future through transformational initiatives. Awardees of Lakshmipat Singhania – IIM Lucknow National Leadership Awards 2025 The ceremony was graced by eminent dignitaries including Raghupati Singhania, Vice President, JK Organisation; Harshpati Singhania, Chairman & Managing Director, JK Paper Ltd; Vinita Singhania, Chairperson, JK Lakshmi Cement; Prof. (Dr.) M. P. Gupta, Director, IIM Lucknow; and Shri N. K. Singh, Chairman of the Jury. In her keynote address, Smt. Sitharaman highlighted how India's journey towards becoming a developed nation is being accelerated by visionary leaders who tackle current challenges while laying the foundation for the future. 'Whether its driving scientific innovation, transforming governance, or uplifting communities, these leaders are catalysts of lasting change. She also commended institutions like IIM Lucknow for nurturing the next generation of ethical and resilient leaders.' Speaking at the event, Raghupati Singhania, Vice President, JK Organisation said,'It is a privilege to be part of this special occasion that celebrates exemplary leadership and nation-building. The Lakshmipat Singhania National Leadership Awards reflect the core values that JK Organisation has upheld for over a century-integrity, innovation, and social responsibility. Through our initiatives in education, healthcare, sanitation, and employment generation, we have consistently worked towards inclusive and sustainable development. Our operations, including those in Tamil Nadu, exemplify our commitment to creating technology-driven, community-focused impact. As we honour today's changemakers, we are reminded that responsible leadership can truly shape the future of our nation.' Sharing his thoughts on the occasion, Harshpati Singhania, Chairman & Managing Director at JK Paper Ltd, said, 'Instituting these awards has been a deeply meaningful endeavour-to honour those who exemplify purposeful leadership in shaping India's future. Over the years, I've had the privilege of witnessing how exceptional leadership, whether in business, community development, or science and technology, can transform lives and inspire generations. Today's awardees represent the very best of that spirit-visionaries who lead with integrity, innovation, and impact. IIM Lucknow and its governing board have played a pivotal role in nurturing such leadership, and I'm proud to see this legacy continue. My heartfelt congratulations to each honoree-your journeys reflect the promise and potential of a new India.' Addressing the gathering, Dr MP Gupta, Director, IIM Lucknow, said, 'These awards are a reflection of the values we deeply uphold at IIM Lucknow-ethical leadership, visionary thinking, and a commitment to inclusive progress. Partnering with JK Organisation to honour such inspiring individuals reinforces our mission of shaping leaders who not only excel professionally but also contribute meaningfully to society. We take immense pride in celebrating changemakers who are redefining what leadership means in today's world.' Awardees of the Lakshmipat Singhania-IIML National Leadership Awards 2025 Category Business Leader : Shri Venu Srinivasan, Chairman Emeritus of TVS Motor Company Young Leader: Shri Sahil Brua, Co-Founder & CEO, Delhivery Category: Community Service & Social Upliftment Leader: Shri Kailash Chandra Agrawal, Founder, Narayan Seva Sansthan, Udaipur Young Leader: Ms. Pallabi Ghosh, Founder, Impact and Dialogue Foundation Category: Science & Technology Leader: Dr Satheesh Chandra Shenoi, MoES Chair Professor/Scientist, Former Director, Indian National Centre for Ocean Information Services (INCOIS) Young Leader: Dr. Urbasi Sinha, Professor, Light and Matter Physics, Raman Research Institute Bangalore Over the years, the Lakshmipat Singhania-IIML National Leadership Awards have emerged as a respected platform celebrating nation builders who lead with purpose. Through this initiative, JK Organisation and IIM Lucknow remain committed to honouring individuals who are shaping a better, more inclusive India. About JK Organisation JK Organisation is one of India's most respected and diversified industrial conglomerates, with a rich legacy of over 125 years. Headquartered in India, the Group has a strong multinational footprint with manufacturing operations in countries such as Mexico, Indonesia, Romania, Belgium, Portugal, and the UAE. The Organisation's businesses span across key sectors including tyres, cement, paper, power transmission, sealing solutions, dairy products, and textiles, with exports to over 100 countries across six continents. Built on a foundation of innovation, excellence, and social responsibility, JK Organisation is driven by a commitment to world-class manufacturing, sustainable practices, and cutting-edge research & development. With over 10,000 distributors and numerous retail and service centres, the Group enjoys strong brand recall and leadership in its respective markets. It operates with a strong focus on green technologies, energy conservation, and quality control, ensuring that every product aligns with global standards. Guided by the visionary leadership of its founding members-Lala Juggilal Singhania, Lala Kamlapat Singhania, and their successors-the Organisation continues to uphold core values of integrity, care for people, and a relentless pursuit of excellence. JK Organisation remains a dynamic and socially valued conglomerate, deeply rooted in nation-building and global progress.
Business Standard
21-05-2025
- Automotive
- Business Standard
JK Tyre Inds surges after Q4 PAT climbs 88% QoQ to Rs 97 cr
JK Tyre Industries rallied 8.78% to Rs 378.50 after the company's consolidated net profit jumped 88.35% to Rs 97.04 crore on a 2.31% increase in revenue from operations to Rs 3,758.60 crore in Q4 FY25 over Q3 FY25. On a Year on year (YoY) basis, the company's revenue increased 1.6% while net profit declined 42.7% in Q4 FY25. In Q4 FY25 profit before tax stood at Rs 143.94 crore, up 79.05% QoQ and down 42.8% YoY. EBITDA jumped 15% QoQ to Rs 384 crore in Q4 FY25. EBITDA margin expanded 110 bps to 10.2% in Q4 FY25 as against 9.1% in Q3 FY25. This growth was supported by higher volumes and enhanced operational efficiencies, despite elevated raw material costs. On full year basis the companys consolidated net profit declined 37% to Rs 495.04 crore on a 2.1% fall in revenue from operations to Rs 14,692.92 crore in FY25 over FY24. Raghupati Singhania, chairman & managing director (CMD) said, Despite a challenging and uncertain global economic landscape, JK Tyre delivered a promising performance in FY2025, gaining significant momentum in the fourth quarter. In the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year. This growth reflects not only the Companys robust brand equity and deep market reach but also the positive macroeconomic environment and growing automotive demand. Exports grew by 4% quarter-on-quarter, underscoring the Companys strong international presence and competitive product offerings. JK Tyres subsidiary companiesCavendish Industries (CIL) and JK Tornel, Mexicocontinued to make strong contributions to the companys overall revenues and profitability, reinforcing JK Tyres integrated global strategy and diversified footprint. The companys ongoing push toward premiumisation is yielding positive results. Premium products such as Levitas Ultra, Smart Tyre, Ranger Series, and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM, and XD series in the commercial segment, are witnessing increasing market preference, strengthening JK Tyres position in the value-added product space. JK Tyre has displayed exceptional resilience and strategic clarity through FY2025. We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments. The Governments accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position us well for sustained growth. Meanwhile, the companys board recommended a dividend of Rs 3 per equity share of Rs 2 each for financial year 2024-25. The said dividend, if declared by the members at the ensuing Annual General Meeting (AGM), is planned to be credited/dispatched within two weeks of the said meeting Further, the companys board approved the re-appointment of Anshuman Singhania as a managing director for a term of five consecutive years with effect from 21st October 2025, subject to requisite approval of the members of the company at the ensuing Annual General Meeting (AGM). JK Tyre & Industries is a leading player in the Indian tyre industry, offering comprehensive end-to-end solutions across multiple segments. The company manufactures tyres for passenger vehicles, commercial vehicles, farm equipment, off-the-road (OTR) applications, and two- and three-wheelers.
Business Standard
21-05-2025
- Automotive
- Business Standard
JK Tyre Inds surge after Q4 PAT climbs 88% QoQ to Rs 97 cr
JK Tyre Industries rallied 8.78% to Rs 378.50 after the company's consolidated net profit jumped 88.35% to Rs 97.04 crore on a 2.31% increase in revenue from operations to Rs 3,758.60 crore in Q4 FY25 over Q3 FY25. On a Year on year (YoY) basis, the company's revenue increased 1.6% while net profit declined 42.7% in Q4 FY25. In Q4 FY25 profit before tax stood at Rs 143.94 crore, up 79.05% QoQ and down 42.8% YoY. EBITDA jumped 15% QoQ to Rs 384 crore in Q4 FY25. EBITDA margin expanded 110 bps to 10.2% in Q4 FY25 as against 9.1% in Q3 FY25. This growth was supported by higher volumes and enhanced operational efficiencies, despite elevated raw material costs. On full year basis the companys consolidated net profit declined 37% to Rs 495.04 crore on a 2.1% fall in revenue from operations to Rs 14,692.92 crore in FY25 over FY24. Raghupati Singhania, chairman & managing director (CMD) said, Despite a challenging and uncertain global economic landscape, JK Tyre delivered a promising performance in FY2025, gaining significant momentum in the fourth quarter. In the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year. This growth reflects not only the Companys robust brand equity and deep market reach but also the positive macroeconomic environment and growing automotive demand. Exports grew by 4% quarter-on-quarter, underscoring the Companys strong international presence and competitive product offerings. JK Tyres subsidiary companiesCavendish Industries (CIL) and JK Tornel, Mexicocontinued to make strong contributions to the companys overall revenues and profitability, reinforcing JK Tyres integrated global strategy and diversified footprint. The companys ongoing push toward premiumisation is yielding positive results. Premium products such as Levitas Ultra, Smart Tyre, Ranger Series, and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM, and XD series in the commercial segment, are witnessing increasing market preference, strengthening JK Tyres position in the value-added product space. JK Tyre has displayed exceptional resilience and strategic clarity through FY2025. We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments. The Governments accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position us well for sustained growth. Meanwhile, the companys board recommended a dividend of Rs 3 per equity share of Rs 2 each for financial year 2024-25. The said dividend, if declared by the members at the ensuing Annual General Meeting (AGM), is planned to be credited/dispatched within two weeks of the said meeting Further, the companys board also approved re-appointment of Anshuman Singhania as a managing director for a term of five consecutive years with effect from 21st October 2025, subject to requisite approval of the members of the company at the ensuing Annual General Meeting (AGM). JK Tyre & Industries is a leading player in the Indian tyre industry, offering comprehensive end-to-end solutions across multiple segments. The company manufactures tyres for passenger vehicles, commercial vehicles, farm equipment, off-the-road (OTR) applications, and two- and three-wheelers.
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Business Standard
20-05-2025
- Automotive
- Business Standard
JK Tyre Q4FY25 profit down 42.6% to Rs 97 crore, revenue up 1.63%
JK Tyre and Industries on Tuesday reported a 42.6 per cent year-on-year (Y-o-Y) decline in its consolidated net profit at Rs 97.04 crore for the fourth quarter of the financial year 2025 (Q4FY25), while revenue from operations grew by 1.63 per cent to Rs 3,758.6 crore. The decline in net profit was attributed to rising raw material costs, particularly for natural rubber. Sequentially, revenue from operations grew by 2.31 per cent, while profit after tax (PAT) increased by 88.3 per cent. Raghupati Singhania, chairman and managing director (CMD), stated: 'Despite a challenging and uncertain global economic landscape in the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year.' During the earnings call, Anshuman Singhania, managing director of JK Tyre and Industries, said: 'The decline in performance was primarily due to rising raw material prices. Last year alone, there was an approximately 10 per cent increase in raw material costs, particularly affecting truck radial tyres. Unfortunately, this cost inflation could not be fully passed on to customers, as OEM demand remained subdued and they were not keen on picking up large volumes.' Additionally, global market volatility added to the uncertainty, particularly affecting exports. In Mexico, operations were impacted by tariff uncertainties related to exports to the US. Currency depreciation also played a role — the Mexican peso weakened nearly 8 per cent Y-o-Y against the Indian rupee, which adversely affected the consolidated topline figures. Going forward, the company expects margins to improve, provided input costs stabilise. The company's push towards premiumisation has yielded positive results, with premium products such as Levitas Ultra, Smart Tyre, Ranger Series and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM and XD series in the commercial segment, witnessing increasing market preference.
Time of India
20-05-2025
- Business
- Time of India
JK Tyre Q4 Results: Net profit drops 42% to Rs 98 crore
JK Tyre & Industries Ltd on Tuesday reported a 42.5 per cent decline in consolidated net profit at Rs 98.66 crore in the fourth quarter ended March 2025, impacted by higher expenses and adverse forex fluctuation. The company had posted a consolidated net profit of Rs 171.66 crore in the corresponding quarter of preceding fiscal, JK Tyre & Industries Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 3,758.6 crore as against Rs 3,698.45 crore in the same period a year ago. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Total expenses in the fourth quarter were higher at Rs 3,633.18 crore as compared to Rs 3,437.9 crore in the year-ago period, it added. Besides, the company said it had incurred an exceptional item outgo of Rs 2.62 crore due to unfavourable foreign exchange fluctuation in the quarter. JK Tyre said in the fourth quarter, India business revenue was up at Rs 3,406.41 crore as compared to Rs 3,215.2 crore in the year-ago period. Live Events However, Mexico revenue was down at Rs 449.6 crore as against Rs 611.77 crore in the corresponding period a year ago. The board has recommended a dividend of Rs 3 per equity share of Rs 2 each for the financial year ended March 2025. In the 2024-25 fiscal, consolidated net profit was down at Rs 509.31 crore from Rs 805.94 crore in 2023-24, the company said. Consolidated revenue from operations in FY25 stood at Rs 14,692.92 crore as compared to Rs 15,001.78 crore in FY24. "Despite a challenging and uncertain global economic landscape, JK Tyre delivered a promising performance in FY2025, gaining significant momentum in the fourth quarter," JK Tyre & Industries Chairman & Managing Director Raghupati Singhania said. In the domestic market, he said the company recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year. "This growth reflects not only the company's robust brand equity and deep market reach but also the positive macroeconomic environment and growing automotive demand ," Singhania said. On the outlook, he said, "We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments." The government's accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position the company well for sustained growth, he noted.
