JK Tyre profit falls 41% in September quarter on back of rising input costs
Revenue from operations rose 31 per cent to Rs 2,986.66 crore year-on-year
 "JK Tyre profit falls 41% in September quarter on back of rising input costs")
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JK Tyre’s net profit declined 41 per cent to Rs 64.96 crore for the second quarter ended September on the back of rising input costs.
Revenue from operations rose 31 per cent to Rs 2,986.66 crore year-on-year. Raghupati Singhania, chairman and managing director, said: “The sales in the replacement market registered healthy growth whereas institutional sales recorded a quantum jump in the quarter.”
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