NSE:JKTYRE

2 stories mentioning NSE:JKTYREUpdated 22d ago

Every FINWIRES story that references NSE:JKTYRE, newest first.

JK Tyre & Industries Posts Higher Consolidated Profit in Fiscal Q4

JK Tyre & Industries (NSE:JKTYRE, BOM:530007) reported an increase in attributable consolidated profit to 1.78 billion Indian rupees in the fiscal fourth quarter ended March 31, from 987.8 million rupees in the same period last year, according to a Tuesday filing on the Indian bourses.Earnings per share climbed to 6.25 rupees from 3.47 rupees a year earlier.Revenue from operations in fiscal Q4 increased year on year to 42.2 billion rupees from 37.6 billion rupees, the filing said.The board also recommended a dividend of 4 rupees per share for the financial year ended March 31.

BOM:530007NSE:JKTYRE

Asia63d ago

JK Tyre & Industries to Acquire 26% Stake in Roofsol Renewables Five

JK Tyre & Industries (NSE:JKTYRE, BOM:530007) said its board has approved an investment of up to 13.1 million Indian rupees to acquire a 26% stake in Roofsol Renewables Five, according to a Wednesday filing on Indian bourses.Shares of the company fell over 1% in Thursday's trade.The investment is aimed at meeting regulatory requirements for captive power consumption under electricity laws, the company said in the filing. JK Tyre & Industries said it will maintain the stake during the term of relevant agreements.The transaction is expected to be completed within 180 days, it added.

BOM:530007NSE:JKTYRE

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