India, Feb. 4 -- JK Tyre & Industries reported Q3 FY25 consolidated revenue of INR 36.94 billion, with operating profit at INR 3.35 billion and EBITDA margin at nine percent, pressured by rising raw material costs.

"Operating profit stood at INR 3.35 billion, with a margin of nine per cent, which was impacted by an increase in the raw material cost, particularly in the natural rubber. To mitigate that, we have taken measures to reduce costs. We are continuously revising our prices and enhancing our product mix and cost optimisation drive going ahead," said Anshuman Singhania, Managing Director of JK Tyre.

"Going forward, we see that the demand in the replacement market is going to be promising. The OEM market is on the path of recover...