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JK Tyre & Industries consolidated net profit declines 58.96% in the December 2019 quarter

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Capital Market

Sales decline 19.44% to Rs 2199.80 crore

Net profit of JK Tyre & Industries declined 58.96% to Rs 10.95 crore in the quarter ended December 2019 as against Rs 26.68 crore during the previous quarter ended December 2018. Sales declined 19.44% to Rs 2199.80 crore in the quarter ended December 2019 as against Rs 2730.77 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales2199.802730.77 -19 OPM %11.109.71 -PBDT115.31145.08 -21 PBT22.5065.45 -66 NP10.9526.68 -59

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First Published: Jan 31 2020 | 10:43 AM IST

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