JK Tyre & Industries net profit declines 96.10% in the March 2013 quarter

Net profit of JK Tyre & Industries declined 96.10% to Rs 3.37 crore in the quarter ended March 2013 as against Rs 86.34 crore during the previous quarter ended March 2012. Sales declined 90.93% to Rs 137.72 crore in the quarter ended March 2013 as against Rs 1518.27 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 4.09% to Rs 10.55 crore in the year ended March 2013 as against Rs 11.00 crore during the previous year ended March 2012. Sales declined 90.10% to Rs 540.56 crore in the year ended March 2013 as against Rs 5457.49 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales137.721518.27 -91 540.565457.49 -90 OPM %9.827.76 27 8.445.12 65 PBDT7.9971.65 -89 26.30112.54 -77 PBT4.7045.56 -90 15.0311.13 35 NP3.3786.34 -96 10.5511.00 -4

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