 "JK Tyres")
JK Tyre and Industries, one of the largest tyre manufacturers in India, on Friday posted a consolidated net profit of Rs 66.75 crore during the October to December quarter of 2022-23, up 24 per cent from Rs 53.92 crore during the same period last financial year.
The company’s total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22. “For several quarters, raw material cost was going up, during the current quarter it softened. We have seen an increase in overall efficiency and total