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JK Tyre net grows 20% in Q3

JK Tyre posted a consolidated net profit increase of 20% at Rs 110 crore during the quarter ended December 31, as against Rs 92 crore posted during the same period a year ago.

Net sales witnessed a decline of 12% to Rs 1,598 crore during the quarter as compared to Rs 1,826 crore posted in the corresponding quarter a year earlier.