JK Tyre & Industries standalone net profit rises 9.72% in the March 2016 quarter

Sales decline 0.60% to Rs 1480.99 crore

Net profit of JK Tyre & Industries rose 9.72% to Rs 94.23 crore in the quarter ended March 2016 as against Rs 85.88 crore during the previous quarter ended March 2015. Sales declined 0.60% to Rs 1480.99 crore in the quarter ended March 2016 as against Rs 1489.89 crore during the previous quarter ended March 2015.

For the full year,net profit rose 58.29% to Rs 400.96 crore in the year ended March 2016 as against Rs 253.30 crore during the previous year ended March 2015. Sales declined 4.40% to Rs 5812.90 crore in the year ended March 2016 as against Rs 6080.21 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1480.991489.89 -1 5812.906080.21 -4 OPM %15.8013.77 -17.0412.36 - PBDT181.40152.53 19 776.72525.68 48 PBT133.85117.62 14 604.42386.54 56 NP94.2385.88 10 400.96253.30 58

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