JK Tyre’ Q1 net profit down 73.6% y/y to USD2.4 million

Financial results

Revenue up 5.5% y/y

JK Tyre has reported a 73.6% year-on-year (y/y) decline in net profit to INR169.1 million (USD2.4 million) for the first quarter ended 30 June 2019, the Indian tire-maker said in a regulatory filing on 1 August

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