JK Tyre’s Q1 net profit falls 14% y/y to USD15.7 million
Net sales down by 2.6% y/y to USD280.4 million
Indian tire manufacturer JK Tyre and Industries has reported a 14% year-on-year (y/y) drop in net profit to INR1 billion (USD15.7 million) for the first quarter ended 30 June 2016, according to a regulatory filing
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