JK Tyre Q1 Results: Net Profit Rises 37% to Rs 211 Crore, Total Income Falls to Rs 3,655 Crore
4 months, 3 weeks ago

JK Tyre Q1 Results: Net Profit Rises 37% to Rs 211 Crore, Total Income Falls to Rs 3,655 Crore

News 18  

JK Tyre & Industries on Saturday reported a 37 per cent year-on-year increase in consolidated net profit at Rs 211 crore in the first quarter ended June 30, 2024. The tyre maker had reported a net profit of Rs 154 crore for the April-June quarter of last fiscal. Total income declined to Rs 3,655 crore for the period under review from Rs 3,726 crore in the June quarter of FY24, JK Tyre said in a regulatory filing. “We continue to deliver profitable growth with a year-on-year increase in operating margins,” JK Tyre Chairman and Managing Director Raghupati Singhania said.

Crore Tyre Net Profit Singhania Jk Tyre  jk  q1  net  quarter  reported  singhania  crore  rs  yearonyear  tyre  total  revenues  results  rises  profit

History of this topic

JK Tyre share price jumps 5%, gains 15% in 2 sessions; is it time to bet on the stock? Here’s what experts say
5 months, 3 weeks ago

JK Tyre share price jumps 5%, gains 15% in 2 sessions; is it time to bet on the stock? Here’s what experts say

Live Mint  

JK Tyre share price: Shares of JK Tyre & Industries continued witnessing strong buying interest for the second consecutive session, rising over 5 per cent in intraday trade on the NSE on Monday, July 1. After witnessing a surge of over 9 per cent in the previous session, JK Tyre's share price opened over a per cent higher at ₹435 …

Tyre stock investors edgy on price cut, expensive valuations
9 months, 1 week ago

Tyre stock investors edgy on price cut, expensive valuations

Live Mint  

Tyre stocks are under pressure as manufacturers take another round of price cuts in the crucial truck, bus and radial segment. Considering an average selling price of ₹40,000 per pair, a price reduction of around 1.5-2% has been taken by companies like Apollo Tyres and JK Tyres, showed a recent dealers’ channel check by Nomura Financial Advisory and Securities. Investors …

JK Tyre Q2 Results: Net profit surges 371% to ₹242 crore, revenue up 3% YoY
1 year, 1 month ago

JK Tyre Q2 Results: Net profit surges 371% to ₹242 crore, revenue up 3% YoY

Live Mint  

JK Tyre Q2 Results: JK Tyre announced its July-September quarter results for fiscal 2023-24 on Wednesday, November 1, reporting a surge of 371 per cent in consolidated net profit at ₹242 crore, compared to ₹51.31 crore in the corresponding period last year. The leading tyre manufacturer's revenue from operations in the second quarter of current fiscal came in at ₹3,897.53 …

Kotak Securities downgrades 3 Major tyre stocks, citing high crude prices
2 years, 6 months ago

Kotak Securities downgrades 3 Major tyre stocks, citing high crude prices

Live Mint  

The year 2022 was not a favourable start for the majority of industries due to high commodity prices, low demand, high inflation, and high-interest rates, and all of this had impacted the companies' gross margins in the March quarter. Ceat: For the fourth quarter ended March 2022, Ceat reported an 84 per cent drop in consolidated net profit to Rs …

JK Tyre Q2 profit declines 34.5% to ₹110 cr
4 years, 2 months ago

JK Tyre Q2 profit declines 34.5% to ₹110 cr

Live Mint  

JK Tyre and Industries Ltd, one of the country’s largest tyre makers, on Wednesday reported a 35% year-on-year decline in consolidated profit to ₹109.68 crore for the quarter ending 30 September, because of covid -19 related disruptions in India and abroad. The company had reported a net profit of ₹167.7 crore in the corresponding period of the previous year. The …

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