JK Tyre net profit at ₹100 cr in April­-June

NEW DELHI: JK Tyre & Industries on Tuesday reported a consolidated net profit of ₹100.26 crore for the first quarter ended June 30, against ₹117.07 crore a year ago. Net sales during the period under review stood at ₹1,703.86 crore, compared to ₹1,749.11 crore. Since the results also include that of Cavendish Industries, which the company had acquired in April, the figures are not comparable, it added.

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