JK Tyre & Industries has reported nearly seven-fold increase in its standalone net profit for the fourth quarter ended March 31, 2012 at Rs 86.34 crore. The company had posted a net profit of Rs 12.46 crore in the corresponding period last year.
The standalone total income went up by 13.16% to Rs 1,523.55 crore in the fourth quarter of last fiscal from Rs 1,346.35 crore in the year-ago period.
For the entire 2011-12 financial year, JK Tyre & Industries posted a consolidated net loss of Rs 31.99 crore as against a net profit of Rs 65.91 crore in the previous fiscal.
However, the consolidated total income during FY12, however, rose by 16.20% to Rs 6,947.10 crore from Rs 5,978.77 crore in FY11.
| Company Name | CMP |
|---|---|
| MRF | 139772.66 |
| Apollo Tyres | 445.30 |
| CEAT | 3713.55 |
| Balkrishna Inds. | 2329.80 |
| JK Tyres & Inds. | 428.30 |
| View more.. | |
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