{"id":847,"date":"2016-05-17T13:40:42","date_gmt":"2016-05-17T08:10:42","guid":{"rendered":"http:\/\/tyremarket.com\/tyremantra\/?p=847"},"modified":"2023-07-12T13:45:48","modified_gmt":"2023-07-12T08:15:48","slug":"news-2016-jk-tyre-fairly-well-q4-registers-9-growth","status":"publish","type":"post","link":"https:\/\/www.tyremarket.com\/tyremantra\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\/","title":{"rendered":"JK Tyre Does Fairly Well In Q4, Registers 9% Growth"},"content":{"rendered":"<p>The lately concluded financial quarter on 31 March 2016 saw JK Tyre report an upward growth of 9 percent in their net margins. During the quarter, the leading manufacturer of <strong>radial tyres<\/strong> stated a profit of Rs 94 crore in comparison to Rs 86 crore that it gained last year in the same period. However, the net sales of the tyre firm came down marginally to Rs 1481 crore.<\/p>\n<p>The fiscal year, which ended on 31 March 2016, witnessed a record profit from the Delhi-based company in a single year. The net profit shot up by a good 58 percent which boils down to Rs 401 crore, courtesy low natural rubber prices.<\/p>\n<p>The company said in a statement that its net sales for the fiscal observed a fall of 4 percent to Rs 5813 crore, and this was majorly due to the 6 percent decrease in the prices of natural rubber in that year.<\/p>\n<p><a href=\"https:\/\/www.tyremarket.com\/JK-Car-Tyres\"><strong>JK Tyres<\/strong><\/a> Chairman and Managing Director (CMD), Mr. Raghupati Singhania seemed optimistic about the company\u2019s growth and stated that JK Tyre had a busy year with profits touching new peaks during the year. And at the outset of 2016, the automotive industry takes off on a positive note, the stance of the ongoing financial year appears promising, as a result\u00a0they are hopeful of gaining more momentum to further fortify their position this year.<\/p>\n<p>The company confronted the challenges thrown by dumping of cheap China-made tyres and radials and also overcame the effects of rubber price surge in the country, Mr. Singhania added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The lately concluded financial quarter on 31 March 2016 saw JK Tyre report an upward growth of 9 percent in their net margins. During the&#8230;<\/p>\n","protected":false},"author":4,"featured_media":854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[4],"tags":[353,455,456,388,162,385,439],"class_list":["post-847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-jk-tyre","tag-jk-tyre-growth","tag-jk-tyre-growth-2016","tag-jk-tyre-news","tag-tyre-brands","tag-tyre-industry-india","tag-tyre-industry-news-2016"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>JK Tyre News : Does Fairly Well In Q4, Registers 9% Growth<\/title>\r\n<meta name=\"description\" content=\"The lately concluded financial quarter on 31 March 2016 saw JK Tyre report an upward growth of 9 percent in their net margins. 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Jk tyre growth in india!\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.tyremarket.com\/tyremantra\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Tyremarket : Tyre News, Review &amp; Guide\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/tyremarketindia\" \/>\r\n<meta property=\"article:published_time\" content=\"2016-05-17T08:10:42+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2023-07-12T08:15:48+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.tyremarket.com\/tyremantra\/wp-content\/uploads\/2016\/05\/jk-tyre-growth-news-Cropped.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\r\n\t<meta property=\"og:image:height\" content=\"1151\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"Ankit verma\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@tyremarketindia\" \/>\r\n<meta name=\"twitter:site\" content=\"@tyremarketindia\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ankit verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/\"},\"author\":{\"name\":\"Ankit verma\",\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/#\\\/schema\\\/person\\\/622e94976c8daee44e969fe0577d2380\"},\"headline\":\"JK Tyre Does Fairly Well In Q4, Registers 9% Growth\",\"datePublished\":\"2016-05-17T08:10:42+00:00\",\"dateModified\":\"2023-07-12T08:15:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/\"},\"wordCount\":253,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/jk-tyre-growth-news-Cropped.jpg\",\"keywords\":[\"Jk tyre\",\"jk tyre growth\",\"jk tyre growth 2016\",\"JK Tyre News\",\"Tyre brands\",\"tyre industry india\",\"Tyre industry news 2016\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/\",\"url\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/\",\"name\":\"JK Tyre News : Does Fairly Well In Q4, Registers 9% Growth\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/news-2016-jk-tyre-fairly-well-q4-registers-9-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/jk-tyre-growth-news-Cropped.jpg\",\"datePublished\":\"2016-05-17T08:10:42+00:00\",\"dateModified\":\"2023-07-12T08:15:48+00:00\",\"description\":\"The lately concluded financial quarter on 31 March 2016 saw JK Tyre report an upward growth of 9 percent in their net margins. 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When all the other kids would break downhill I would pedal harder just to go faster and enjoy the thrill. Adding to my interest for speed, I grew engrossed in the working mechanics of two wheelers thanks to my father as he is a hydraulic mechanic and would take me along with him on his repair sessions. Eventually I became familiar with the tools and basic technical concepts of two wheelers.Super sport and sport tourers are more of my liking and the sparks to these flames were ignited the first time I experienced the maddening power of a Yamaha YZF R1. I was just 14 years old at the time and got to ride as a pillion with an older acquaintance. This one short ride influenced my every decision in terms of the bikes I want to own. As of today I\u2019m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life.\",\"sameAs\":[\"http:\\\/\\\/tyremarket.com\"],\"url\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/author\\\/ankit_verma\\\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JK Tyre News : Does Fairly Well In Q4, Registers 9% Growth","description":"The lately concluded financial quarter on 31 March 2016 saw JK Tyre report an upward growth of 9 percent in their net margins. 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