X

JK Tyre & Industries Ltd Q4FY24; 54% rise in Profits

JK Tyre & Industries is the flagship company of the JK group which is headed by Dr R P Singhania as its chairman and managing director. It is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.

Financial Results:

JK Tyre & Industries Ltd reported Revenues for Q4FY24 of ₹3,698.00 Crores up from ₹3,632.00 Crore year on year, a rise of 1.82%.

Total Expenses for Q4FY24 of ₹3,438.00 Crores down from ₹3,487.00 Crores year on year, a fall of 1.41%.

Consolidated Net Profit of ₹172.00 Crores up 53.57% from ₹112.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.49, up 47.50% from ₹4.40 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post