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JK Tyre Q2 net profit jumps 64% to ₹221 crore on higher volumes and operational efficiency

JK Tyre Q2 net profit jumps 64% to ₹221 crore on higher volumes and operational efficiency

The company’s EBITDA margin improved to 13% from 11.6% a year ago. The improved operational performance is attributed to higher sales volumes, softening raw material prices, and enhanced operational efficiencies. Shares of JK Tyre and Industries Ltd ended at ₹415.00, up by ₹3.20, or 0.78%, on the BSE.

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