{"id":106250,"date":"2023-08-04T17:54:07","date_gmt":"2023-08-04T12:24:07","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=106250"},"modified":"2023-08-04T17:54:10","modified_gmt":"2023-08-04T12:24:10","slug":"jk-tyre-results-pat-grows-4x","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/jk-tyre-results-pat-grows-4x\/","title":{"rendered":"JK Tyre Results: PAT grows 4x"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1713656096\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/JKTYRE\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">JK Tyre &amp; Industries<\/a><\/strong> on Friday jumped nearly 7 per cent after the company reported an over four-fold rise in consolidated net profit at Rs 158.59 crore for the first quarter ended June 30, 2023. The stock rallied 6.73 per cent to settle at Rs 283 apiece on the BSE. During the day, it jumped 7.86 per cent to its 52-week high of Rs 286.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1811595483\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On the NSE, it climbed 6.79 per cent to end at Rs 283 per share. On volume front, 6.70 lakh shares of the company were traded on the BSE and over 87.92 lakh shares on the NSE during the day.<\/p><p>The company had posted a consolidated net profit of Rs 35.13 crore for the same period of the last fiscal, JK Tyre &amp; Industries said in a regulatory filing. Revenue from operations was at Rs 3,718.08 crore as compared to Rs 3,643.03 crore in the year-ago quarter, it added.<\/p><p>Total expenses were lower at Rs 3,489.01 crore as against Rs 3,557.97 crore in the same period a year ago.<\/p><div class=\"trade-content_5\" id=\"trade-926318091\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>&#8220;The financial year 2024 has started on a positive note, in terms of better profitability as a result of our continued focus on premiumisation of the product mix, indeed aided by stable input costs,&#8221; JK Tyre &amp; Industries Chairman and Managing Director Raghupati Singhania said.<\/p><div class=\"trade-after-content\" id=\"trade-3615407274\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of JK Tyre &amp; Industries on Friday jumped nearly 7 per cent after the company reported an over four-fold rise in consolidated net profit at Rs 158.59 crore for the first quarter ended June 30, 2023. The stock rallied 6.73 per cent to settle at Rs 283 apiece on the BSE. During the day, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-106250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JK Tyre Results: PAT grows 4x - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of JK Tyre &amp; Industries on Friday jumped nearly 7 per cent after the company reported an over four-fold rise in consolidated net profit at Rs 158.59 crore for the first quarter ended June 30, 2023. 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