JK Tyre Market Demand: With demand expected to remain robust, JK Tyre plans to enhance its tyre production capacity by 20% by 2025. The company can currently produce around 3.4 crore tyres per annum from its 12 manufacturing facilities across India and Mexico.
JK Tyre registers net profit of Rs 196 crore for March quarter
JK Tyre registers net profit of Rs 196 crore for March quarter
JK Tyre registered a standalone net profit of Rs 137 crore in O4FY21 as opposed to a loss of Rs 8 crore in the same period last year.
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UPDATED: May 19, 2021 22:09 IST
The consolidated net revenues of JK Tyre stood at Rs 9,145 crore up by 4 per cent.
HIGHLIGHTS
The consolidated net revenues stood at Rs 9,145 crore up by 4 per cent.
The net profit for the company stood at Rs 331 crore, an increase of 134 per cent.
The company registered a standalone net profit of Rs 137 crore in O4FY21 as opposed to a loss of Rs 8 crore in the same period last year.