Tolins Tyres Limited
Incorporated in 2003, Tolins Tyres Limited is a tyre manufacturing company providing tyre retreading solutions.
What Tolins files
- Others43
- Investor Meet20
- Updates14
- Important14
- Board Meeting9
- PPTs2
Tolins Tyres' subsidiary commenced construction of a reclaim rubber plant. This facility will convert scrap tyres into valuable raw material, enhancing backward integration, resource efficiency, and potentially generating new revenue from EPR certificates.
Tolins Tyres' wholly-owned subsidiary, Terra Rubber, acquired plant and machinery from an unrelated third party for capacity expansion and backward integration. This strategic move strengthens operational capabilities.
Tolins Tyres will participate in the Truck, Trailer & Tyre (TTT) Expo to showcase its commercial vehicle tyre solutions. This aims to deepen existing relationships and explore new business opportunities, potentially boosting market reach and sales.
Tolins Tyres reported Q2 consolidated revenue of 66.10 Cr & PAT of 6.95 Cr. For H1, consolidated revenue grew marginally to 155.85 Cr, but PAT declined to 16.26 Cr. Strong UAE segment growth cushioned a dip in India's performance.
Tolins Tyres launched a new Gujarat depot, expanding its presence in Western India. This strategic move aims to penetrate untapped markets, reduce lead times, acquire new customers, and enhance service accessibility, fueling the company's long-term growth.