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Year on year Innovative Tyres & Tubes Ltd grew revenues 772.81% from 16.24m to 141.78m. In addition the company has reduced the cost of goods sold, selling, general and administrative expenses and debt expenses (all as a percent of sales). The company reported positive net income, improving from a loss of 529.37m to a profit of 344.97m.
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In 2024, cash reserves at Innovative Tyres & Tubes Ltd fell by 11.44m. Cash Flow from Financing totalled 62.83m or 44.31% of revenues. In addition the company used 74.16m for operations while cash used for investing totalled 109.00k.
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Balance sheet in INRView more
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