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The Economic Times

Economy / The Economic Times

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JK Tyre to hike prices by 4-5% in Q3 as raw material costs stay elevated

JK Tyre & Industries Ltd intends to raise tyre prices by 4-5% in the current quarter. The company aims to offset higher raw material and container freight costs. This follows previous price increases of 5% and 7% in earlier quarters. The company reported a decline in profit for the July-September quarter amid challenging operating conditions. Rising costs of raw materials continue to impact the company's profit margins going forward.

23 Oct 2026 8:50 pm