JK Tyre swings to profit in Q2 FY2012-13
Hopes to further improve performance in coming quarters
India’s JK Tyre has reported a net profit of INR259.9m (USD4.9m, 30 September 2012) in the second quarter ended 30 September 2012 compared with net loss of INR549.9m (USD11.1m, 30 September 2011) in the corresponding period a year ago, according to the company’s press release.
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