JK Tyre’s net profit up 40% y/y to USD60.5 million in FY 2015/16

News
Financial results

Sales decline 5% y/y

India-based JK Tyre and Industries has reported a 40% year-on-year (y/y) growth in net profit to INR4.5 billion (USD68.4 million, 31 March 2016) in the financial year ended 31 March 2016.

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