Monday, November 01, 2010 4:28 PM by
CarWale Team
JK Tyre & Industries Ltd. (JK Tyre), reported 23% increase in its sales turnover at Rs 1239 Crores. Operating Profit and Profit before Tax for the Qtr 2 are at Rs 75 Crores and Rs 31.2 Crores respectively. Commenting on the performance, Dr. Raghupati Singhania, Vice Chairman& Managing Director said, "JK Tyre has recorded 23% increase in Sales in the 2nd Qtr of the current year. It was a very challenging Qtr as the prices of raw-material are increasing unabated."
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