Sales decline 33.62% to Rs 1794.76 crore
Net loss of JK Tyre & Industries reported to Rs 47.20 crore in the quarter ended March 2020 as against net profit of Rs 33.58 crore during the previous quarter ended March 2019. Sales declined 33.62% to Rs 1794.76 crore in the quarter ended March 2020 as against Rs 2703.71 crore during the previous quarter ended March 2019.For the full year,net profit declined 14.51% to Rs 150.76 crore in the year ended March 2020 as against Rs 176.34 crore during the previous year ended March 2019. Sales declined 15.85% to Rs 8724.90 crore in the year ended March 2020 as against Rs 10367.76 crore during the previous year ended March 2019.
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