JK Tyre & Industries net profit declines 8.31% in the March 2014 quarter

Sales rise 13.92% to Rs 1568.83 crore

Net profit of JK Tyre & Industries declined 8.31% to Rs 30.90 crore in the quarter ended March 2014 as against Rs 33.70 crore during the previous quarter ended March 2013. Sales rose 13.92% to Rs 1568.83 crore in the quarter ended March 2014 as against Rs 1377.19 crore during the previous quarter ended March 2013.

For the full year,net profit rose 27.61% to Rs 134.68 crore in the year ended March 2014 as against Rs 105.54 crore during the previous year ended March 2013. Sales rose 9.35% to Rs 5911.09 crore in the year ended March 2014 as against Rs 5405.58 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1568.831377.19 14 5911.095405.58 9 OPM %9.949.89 -11.099.02 - PBDT95.2780.85 18 423.35293.88 44 PBT57.0747.99 19 270.88181.23 49 NP30.9033.70 -8 134.68105.54 28

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