Tolins Tyres Reports Q3 Profit Rise Amid Expansion Plans and Apollo Supply Deal

Tolins Tyres Reports Q3 Profit Rise Amid Expansion Plans and Apollo Supply Deal

Tolins Tyres Ltd, a Kerala-based manufacturer of tyres and precured tread rubber, reported a 1.3 percent increase in third-quarter profit despite revenue headwinds while announcing a significant supply agreement with Apollo Tyres and detailing ambitious expansion plans.

Net profit rose to INR 108.9 million in the quarter that ended 31 December, from INR 107.5 million a year earlier, while revenue declined 7.6 percent to INR 697.4 million. The company's EBITDA margin improved to 18.07 percent from 15.62 percent year-over-year, despite industry-wide cost pressures.

The company's manufacturing footprint spans three facilities covering 221,214 square feet, with two plants strategically located in Kalady, Kerala. The first Kerala facility focuses on tyre and PCTR (Precured Tread Rubber) production, while the second specializes in rubber compound manufacturing. A third facility, operated by wholly-owned subsidiary Tolins Tyres LLC in Ras Al Khaimah, UAE, specialises in PCTR production.

In terms of production capacity, Tolins maintains an annual manufacturing capability of 1.51 million tyres, 12,486 tonnes of tread rubber, and 17,160 tonnes of rubber compounds. The company has shown strong financial performance for the nine months ended December 2024, with revenue increasing 4.56 percent to INR 2.23 billion and PAT surging 54.65 percent to INR 294 million. EBITDA grew 31.55 percent to INR 426.4 million, with margins expanding to 19.13 percent from 15.20 percent.

"Despite seasonal fluctuations affecting Q3 revenue, we maintained strong profitability through strategic cost optimization and operational efficiency," said Chairman and Managing Director K V  Tolin. "The Apollo Tyres Offtake Agreement represents a significant milestone for enhancing capacity utilisation,” said he.

Operational metrics reveal that tyre segment capacity utilization reached 35.79 percent for 9MFY25, while PCTR utilisation stood at 38.51 percent in India and 55.60 percent in UAE operations. The company has successfully reduced its export dependency, with export contribution decreasing to 5.60 percent in 9MFY25 from 17 percent in FY24. Customer concentration has improved, with the top 10 customers now accounting for 48.85 percent of revenue.

The company's comprehensive product portfolio includes light commercial vehicle tyres, agricultural and off-the-road tyres, two/three wheeler tyres, precured tread rubber and ancillary products such as bonding gum and vulcanizing solutions. Looking ahead, Tolins aims to increase capacity utilisation to 75 percent over the next few years while expanding its market presence both domestically and internationally.

Maxxis Rubber India Receives Appreciation Award From Ahmedabad Rural Police

Maxxis Rubber India Receives Appreciation Award From Ahmedabad Rural Police

Maxxis Rubber India has been presented with an Appreciation Award from the Ahmedabad Rural Police in recognition of its support during VIP movements. The accolade was conferred by Superintendent of Police Om Prakash Jat, acknowledged for his role in fostering community safety and collaboration through his leadership.

Guided by its core principles of respect, care and appreciation, the company emphasises its commitment to quality, service and trust alongside cooperation with authorities. Expressing gratitude to the police department for acknowledging its efforts, Maxxis stated that the honour reinforces its dedication to integrity and public safety partnerships, motivating the organisation to continue contributing with the same unwavering commitment and a focus on building stronger, more resilient communities every single day forward together.


“At Maxxis, our core values – respect, care and appreciation – drive us beyond business. Whether ensuring 100 percent quality, service, trust in our products or standing alongside authorities for public safety, we believe strong partnerships build stronger communities. We sincerely thank the Police Department-Ahmedabad Rural Police for acknowledging our ‘unwavering support’ and ‘invaluable cooperation’. This honour motivates us to continue contributing with the same commitment and integrity,” the company acknowledged in a social media post.

Early-Bird Deadline Set For IRC 2026 Aichi Exhibition Participation

Early-Bird Deadline Set For IRC 2026 Aichi Exhibition Participation

The organisers of the International Rubber Conference 2026 have opened exhibitor applications for the accompanying Rubber & Elastomer Technical Exhibition, with discounted early-bird rates available until 30 April 2026.

The conference will take place from 2 to 6 November at the Aichi International Exhibition Center (Aichi Sky Expo), bringing together global scientists, engineers and industry stakeholders working across rubber and elastomer technologies.

Exhibitors submitting applications by the April deadline will benefit from reduced participation fees. The final deadline for regular applications is 15 July 2026.

Held alongside the conference from 3 to 6 November, the exhibition is expected to attract more than 4,500 visitors and is regarded as one of the leading international platforms for showcasing advances in rubber science, materials engineering and industrial applications.

IRC 2026 marks the sixth edition hosted in Japan, following previous conferences in Tokyo, Kyoto, Kobe, Yokohama and Kitakyushu. Under the theme “Future Rubber Technology toward Sustainability”, the event aims to address evolving industry demands, particularly as Asia accounts for a growing share of global rubber production and consumption.

Organisers said the event will provide a platform not only for established players but also for emerging engineers and researchers to engage with international experts, fostering collaboration and technological advancement across the sector.

Applications and further details are available via the official conference website.

Tegeta Green Planet And Wasteless Host Georgia Rubberized Asphalt Summit 2026

Tegeta Green Planet And Wasteless Host Georgia Rubberized Asphalt Summit 2026

Tegeta Green Planet, in partnership with the Wasteless specific waste management association, hosted the Georgia Rubberized Asphalt Summit (GRAS) 2026 in Tbilisi. This international conference was designed as a platform for exchanging global knowledge on sustainable road infrastructure and rubber-modified asphalt technologies, bringing together industry leaders and international experts to examine both the challenges and opportunities within the sector. A dedicated panel discussion formed a central part of the event, fostering in-depth dialogue among participants.

Despite being widely adopted in United States, Portugal, Spain and across Europe for over six decades, rubber-modified asphalt remains unused in Georgia. This technology offers significant advantages over conventional pavement, including a service life of 8 to 10 years, superior resistance to water damage, reduced noise pollution and a substantial decrease in environmental harm caused by automotive waste. The summit’s organisers aim to address this gap by promoting responsible waste management and raising public awareness about the dangers of unprocessed refuse.

More than a forum for knowledge exchange, the summit served as a call to action, underscoring Georgia’s potential to become a regional frontrunner in sustainable infrastructure. Tegeta Green Planet, a subsidiary of Tegeta Holding established in 2022, was among the first companies in the country authorised by the Ministry of Environment and Agriculture to recycle used tyres, oils and batteries under extended producer responsibility principles. The organisation operates by collecting specified waste types, managing their transport and recycling and ultimately processing these materials in line with circular economy models, thereby supporting the nation’s shift towards innovative green initiatives.

Ekaterina Kavtaradze, CEO, Tegeta Holding, said, “For Tegeta Holding, sustainable development is one of the most important principles of our operations, which is reflected in concrete solutions. I am delighted that Georgia has had the opportunity to host such a large-scale event. GRAS 2026 demonstrates that the circular economy can become a real economic priority in Georgia as well, bringing significant benefits to the country, as waste is transformed into a resource, creating economic advantages and reducing the negative impact on the environment.”

Shalva Akhvlediani, Director, Tegeta Green Planet, said, “Georgia is at a stage where infrastructure decisions can shape the economic and environmental outcomes of the next generation. This summit provides us with a unique opportunity to learn from the world’s leading countries and implement these lessons at the local level. Overall, the circular economy is the way forward: it allows us to transform waste, such as used tyres, into a useful resource, ensuring economic stability, environmental protection and sustainable development.”

Giorgi Guliashvili, Chairman, Wasteless, “Our goal is to implement a fully circular model in Georgia – from waste collection to recycling and the effective use of recycled materials. Starting this autumn, Georgia will launch its first high-tech tyre recycling plant, which will process used tyres collected throughout the country. Using recycled rubber in asphalt is a clear answer to the question of how the resulting raw materials are utilised. As a result of the plant’s launch, we estimate that we will produce up to 12–15 thousand tonnes of rubber crumb per year, which will allow us to use this material locally to build more durable and environmentally friendly roads. This will bring significant benefits to both the environment and the economy.”

Sailun Showcases Winter Tyre Performance At Polar Drive 2026

Sailun Showcases Winter Tyre Performance At Polar Drive 2026

Sailun recently welcomed trade and media representatives from across the Nordic region to the Sailun Polar Drive 2026 event, where the focus was on hands-on testing of the new Alpine Evo2, Arctic 2 and studded Ice Blazer Spike winter tyres. Held under severe winter conditions, the gathering was designed to let participants experience the full capabilities of this new range through direct driving experiences rather than passive demonstrations.

Situated in Munio, Finland, 200 kilometres north of the Arctic Circle, the location offered consistently harsh weather that served as the ultimate proving ground. Around 120 guests, including journalists, original equipment representatives and retail partners from the Baltics and Nordic countries, put the tyres to the test across a variety of challenging surfaces. From loose snow and slush to polished ice and wet pavement, the Alpine Evo2, Arctic 2 and Ice Blazer Spike each had the opportunity to showcase their specialised winter performance.

The event took advantage of temperatures fluctuating between -20 and +5 degrees Celsius, creating the mix of snow, ice and wet roads typical of Nordic winters. Testing took place on a frozen river track straddling the Finnish-Swedish border, featuring dedicated sections for handling, acceleration, braking and drifting. The remote Munio area, known for its pristine natural environment, also reflected Sailun’s commitment to sustainability, which includes reducing energy use and emissions during manufacturing and developing fuel-efficient tyres. A fleet of Audi A3, Audi A6 e-tron and Audi Q6 e-tron vehicles allowed participants to assess not only performance but also comfort, low noise and energy efficiency.

Beyond the driving sessions, the programme included an in-depth workshop covering tyre technology, the new winter product lineup and Sailun’s broader brand direction. Attendees also had ample opportunity to engage directly with members of Sailun’s management team throughout the event.