Tolins Tyres Ltd

Tolins Tyres Limited, formerly Tolins Tyres Private Limited, announced that its Board of Directors has scheduled the 23rd Annual General Meeting for September 29, 2026, at 4:00 P.M. IST via video conferencing or other audio-visual means, and has set September 22, 2026, as the cut-off date for shareholders to vote remotely.

Tolins Tyres Limited stated there was no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) for the quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 12, 2026. The company, which raised Rs 200 crore through the IPO in September 2024, confirmed that Rs 183.80 crore of net proceeds were available for utilization, with Rs 203.21 crore having been utilized as of the reporting date, including Rs 3.21 crore from interest income on fixed deposits.

Tolins Tyres Limited, formerly Tolins Tyres Private Limited, will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, and the trading window for the company's securities will remain closed until Friday, August 14, 2026.

Net profit of Tolins Tyres declined 3.66% to Rs 8.94 crore in the quarter ended March 2026 as against Rs 9.28 crore during the previous quarter ended March 2025. Sales rose 12.17% to Rs 77.99 crore in the quarter ended March 2026 as against Rs 69.53 crore during the previous quarter ended March 2025. For the full year,net profit declined 7.73% to Rs 35.69 crore in the year ended March 2026 as against Rs 38.68 crore during the previous year ended March 2025. Sales rose 11.86% to Rs 327.12 crore in the year ended March 2026 as against Rs 292.45 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales77.9969.53 12 327.12292.45 12 OPM %14.3919.52 -14.6119.07 - PBDT11.9413.93 -14 48.8252.49 -7 PBT11.0013.00 -15 44.6149.35 -10 NP8.949.28 -4 35.6938.68 -8 Powered by Capital Market - Live

Tolins Tyres will hold a meeting of the Board of Directors of the Company on 28 May 2026.

Net profit of Tolins Tyres declined 3.67% to Rs 10.49 crore in the quarter ended December 2025 as against Rs 10.89 crore during the previous quarter ended December 2024. Sales rose 33.77% to Rs 93.29 crore in the quarter ended December 2025 as against Rs 69.74 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales93.2969.74 34 OPM %15.2118.07 - PBDT13.8113.20 5 PBT12.7112.59 1 NP10.4910.89 -4 Powered by Capital Market - Live

Tolins Tyres will hold a meeting of the Board of Directors of the Company on 13 February 2026.Powered by Capital Market - Live

Net profit of Tolins Tyres declined 27.60% to Rs 6.95 crore in the quarter ended September 2025 as against Rs 9.60 crore during the previous quarter ended September 2024. Sales declined 14.02% to Rs 66.10 crore in the quarter ended September 2025 as against Rs 76.88 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales66.1076.88 -14 OPM %13.5219.84 - PBDT9.2312.92 -29 PBT8.1612.16 -33 NP6.959.60 -28 Powered by Capital Market - Live

Revenue from operations fell 14.02% year-on-year (YoY) to Rs 66.10 crore in the quarter ended 30 September 2025. Profit before tax (PBT) for the quarter stood at Rs 8.15 crore in Q2 FY26, down 32.92% from Rs 12.15 crore reported in Q2 FY25. Total expenses declined 9.45% to Rs 58.69 crore in Q2 FY26 over Q2 FY25. During the quarter, cost of raw materials consumed stood at Rs 48.53 crore, down 14.79% YoY, while employee benefits expense was at Rs 4.08 crore, up 99.02% YoY. On half-year basis, the company's consolidated net profit declined 12.16% to Rs 16.25 crore on 1.73% increase in revenue to Rs 155.84 crore in H1 FY26 over H1 FY25. Dr. KV Tolin, promoter, chairman and managing director, Tolins Tyres, said, 'Despite a challenging Q2, we achieved year-on-year growth in the first half of FY26, driven by robust demand across our retread and new tyre product lines. In Q2, some customers delayed purchases ahead of the anticipated GST revision on tyres, which temporarily impacted our sales. However, the government's GST cut on tyres ' especially the reduction of GST on tractor and farm tyres from 18% to 5% ' is a tailwind that has already improved market sentiment and sparked a rebound in order inquiries. We are confident that the pent-up demand from Q2 will convert to sales in the coming quarters. Additionally, we have launched a new line of tractor rear tyres, which will start contributing from Q3 FY26 onward and is expected to be a key growth lever in the agricultural segment. Our strategic initiatives are also bearing fruit on the customer front. During H1, we broadened our client base by onboarding new institutional customers and expanding into new territories, diversifying our revenue streams. This improved client mix has yielded a healthier order pipeline for specialized tyres and tread rubber. Looking ahead to H2 FY26, we are optimistic and forward-looking. With deferred demand from Q2 starting to flow through, an enhanced product range, and a better-aligned customer mix, Tolins is well-positioned to capitalize on the industry uptick. Easing input costs and our ongoing cost discipline are expected to support margin improvement going forward. Our team remains focused on driving a robust performance and creating value for all stakeholders in the coming quarters.' Tolins Tyres is a leading producer in the tyre industry, specializing in a diverse range of Retreading and tyre products. The portfolio includes two and three-wheeler tyres, light commercial vehicle (LCV) tyres and agriculture tyres. Powered by Capital Market - Live

Tolins Tyres will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live