JK Tyre & Industries consolidated net profit declines 78.74% in the March 2022 quarter

20 May 2022 , 04:30 PM

Net profit of JK Tyre & Industries declined 78.74% to Rs 40.20 crore in the quarter ended March 2022 as against Rs 189.12 crore during the previous quarter ended March 2021. Sales rose 13.14% to Rs 3311.83 crore in the quarter ended March 2022 as against Rs 2927.28 crore during the previous quarter ended March 2021. For the full year,net profit declined 34.23% to Rs 210.02 crore in the year ended March 2022 as against Rs 319.34 crore during the previous year ended March 2021. Sales rose 31.65% to Rs 11982.96 crore in the year ended March 2022 as against Rs 9102.20 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	3311.83	2927.28	13	11982.96	9102.20	32
OPM %	6.88	15.53	–	8.96	14.35	–
PBDT	134.90	366.72	-63	690.77	883.56	-22
PBT	38.78	271.06	-86	305.41	496.87	-39
NP	40.20	189.12	-79	210.02	319.34	-34

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