JK Tyre and Industries introduces steel wheels showroom in Kochi

JK Tyre and Industries, a leading four wheeler tyre manufacturer company has introduced its exclusive steel wheels showroom in Kochi. The showroom was formally inaugurated by Vikram Malhotra, vice-president marketing and sales, JK Tyre. The company has around 19 showrooms across Kerala and will continue to expand in the state.

The company has reported a net loss of Rs 21.31 crore for the quarter ended December 31, 2011. The company had posted a net profit of Rs 9.14 crore in the same period last financial year. The total income during the third quarter, however, went up by 20.69% to Rs 1,422.94 crore from Rs 1,178.99 crore in the year-ago period.