Latest news with #Tolin
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Business Standard
11-06-2025
- Business
- Business Standard
Tolins Tyres zooms 11% on achieving highest-ever monthly production in May
Tolins Tyres share price: Tolins Tyres shares were buzzing in trade on Wednesday, June 11, 2025, with the scrip rallying as much as 10.66 per cent to hit an intraday high of ₹165 apiece. At 9:40 AM, Tolins Tyres shares continued to trade near day's high level, up 9.89 per cent at ₹163.85 per share. In comparison, BSE Sensex was trading 0.11 per cent higher at 82,483.99. What fuelled the rally in Tolins Tyres share price? Tolins Tyres shares surged in trade after the company reported its highest-ever monthly production in May 2025, driven by robust demand and streamlined plant operations. The company produced a record 816 metric tonnes (MT) during the month, comprising 46,599 units (252 MT) of tyres and 17,714 units (564 MT) of Precured Tread Rubber (PCTR). The performance surpassed its previous records in March and April 2025, reflecting a 23 per cent month-on-month (M-o-M) growth in production volume and a 19.5 per cent rise in output weight. Tolins Tyres highlighted that its flagship product, POWER DLX, led the charts, underscoring strong market acceptance and leadership in its segment. The company attributed this milestone to strong demand from both the replacement and institutional markets, reaffirming its growing footprint in domestic and international markets. ALSO READ | 'This production feat marks a significant achievement for Tolins Tyres,' the company said in a statement, adding that it continues to strengthen its presence across India and overseas. KV Tolin, promoter, chairman and managing director, Tolins Tyres, said "We are happy to report that this month's output was the highest in Tolins Tyres' history. Our entire team's unwavering efforts have led directly to this achievement. It also shows how much more trust our clients have in our goods and services. Timely execution, strategic planning, and operational efficiency were crucial.' 'It has been great to see the increase in demand both domestically and abroad. We've observed steady growth in all of our major markets, particularly in the PCTR and tire sectors. This month's top-performing SKU was the POWER DLX, which did remarkably well. To stay ahead of the curve, we consistently invest in quality improvements and technology. This accomplishment inspires us to aim even higher in the months ahead. We remain focused on scaling our capabilities, expanding market reach, and delivering excellence in every tyre we produce," Tolin added. ALSO READ | About Tolin Tyres Established in 1982, Tolins Tyres is a key player in the tyre industry, renowned for its wide-ranging portfolio that includes retreading solutions and tyres for two-wheelers, three-wheelers, light commercial vehicles (LCVs), and agricultural applications. The company is also at the forefront of innovation with its advanced Precured Tread Rubber and other retreading products, reflecting its commitment to technology and quality. Tolins Tyres has built a strong global footprint, with exports spanning over 40 countries, including key markets in the Middle East, Africa, Latin America, and the USA. The company operates two manufacturing units in Kalady, Kerala—strategically positioned near Kochi and close to natural rubber sources—ensuring operational efficiency and quality control. Tolin Tyres has also expanded internationally through its wholly owned subsidiary, Tolins Tyres LLC, located in the Al Hamra Industrial Zone, Ras Al Khaimah, UAE. Backward integration helps streamline costs and maintain high-quality standards, while a robust distribution network of 8 depots and 3,737 dealers across India supports strong market presence and customer reach.
Business Wire
06-06-2025
- Business
- Business Wire
XcelLabs Launches To Transform Accounting
PHILADELPHIA--(BUSINESS WIRE)--The future of accounting will be built by AI-literate professionals who know how to think better, advise smarter and elevate their firms. That's the driving force behind XcelLabs, a new platform launched by Jody Padar, the Radical CPA, and Katie Tolin, a growth strategist, who are both known for reshaping accounting from their unique perspectives. The Pennsylvania Institute of CPAs (PICPA) and CPA Crossings, LLC, are partnering with Padar and Tolin to power the launch as strategic partners and investors. 'To reinvent the profession, we must start by training the professional who can then transform their firms,' said Padar, an accounting influencer and author of three books that advocate for radicalizing practice management. 'By equipping people with data and insights that help them see things differently, they can provide better advice to their clients and firm.' XcelLabs is a training and technology platform that offers solutions to help accountants use AI to build fluency and strategic thinking. This is done through: - XcelLabs Academy – A series of online courses that will provide hands-on education on topics related to the basics of AI, being a better advisor, leadership and practice management. - Navi - Proprietary and patent-pending technology that uses AI to help accountants turn unstructured data from emails, phone calls and meetings into insights, while adjusting to the unique emotions and needs of each user. - Training and Consulting – Training teams at larger firms to think AI-first and use Navi, coupled with ongoing coaching to improve conversations and advice received, as well as advisory actions to be taken. These solutions, currently in beta testing, will help professionals become exceptional at what they do and be proud of how they do it. 'Accountants know they need to be more advisory, but not everyone can figure out how to do it. Couple that with the fact that AI will be doing a lot of the lower-level work accountants do today, and we need to create that next level advisor now,' said Tolin, an award-winning growth professional and a member of the Accounting Marketing Hall of Fame. 'By showing accountants how to unlock patterns in their actions and turn client conversations into emotionally intelligent advice, we can create the accounting professional of the future.' Unlike traditional tech or training platforms, XcelLabs blends high-impact strategy with tactical AI tools designed to upskill people, not just automate processes. By pushing boundaries, lifting up people and leveraging AI for every business challenge, firms will become AI-X (SM) firms – firms that use AI to drive excellence. 'AI is transforming how CPAs work,' said Jennifer Cryder, CPA, CEO of PICPA, 'and XcelLabs is focused on helping the profession evolve with it. At PICPA, we're proud to support a mission that aligns so closely with ours: empowering firms to use AI not just for efficiency, but to drive growth, value and long-term relevance.' At its core, XcelLabs is a human-centric company built to elevate accountants, ensuring that people remain at the heart of an AI-powered profession. Improve the professional. Transform the firm. Reinvent the profession. About XcelLabs XcelLabs is the training and technology platform leading the AI-X Movement. Co-founded by Jody Padar and Katie Tolin, the company is equipping accountants for the future. XcelLabs blends education, advisory tools and proprietary AI solutions to help individuals grow, firms evolve and the profession stay relevant. Learn more at
