JK Tyre Q2 net profit drops 82.5% y/y to USD2.6 million
Higher raw material prices affected Indian tire-maker’s profitability in the second quarter
Indian tire-maker JK Tyre & Industries has reported an 82.5% year-on-year (y/y) decline net income to INR174.3 million (USD2.6 million as on 30 September 2017) in the second quarter ended 30 September 2017, according to a regulatory filing by the company.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
