Section

Backed by buoyant demand, JK Tyre hopes to improve margins in FY24

2 years ago Auto economictimes
For FY23, JK Tyre's margins remained flat because in the first two quarters there were pressures on the raw material front. Moving ahead, the tyre maker expects the input cost to remain stable. "While we did not touch the pre-covid margin level this year, we are making efforts to reach our long term average of about 11-12%,” Sanjeev Aggarwal, Chief Financial Officer, JK Tyre said. Read more at: economictimes

Tags : jk tyre tyre industry car radial tyres EV tyres JK Tyre margins JK Tyre CFO jk tyre revenue jk tyre profit

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like

Auto

Nissan Skyline GT-R driven by Paul Walker in Fast and Furious 4 sets new auction world record at RM6 million

Auto

Prasarana belanja RM2.8b untuk tambahbaik perkhidmatan tren, bas – kos diberi oleh MOF, MOT

Auto

Ola to invest Rs 7,614 crore in Tamil Nadu, set up electric vehicle hub

Auto

Mazda CX-60 2023 dilancarkan di Filipina – 3.3T hibrid ringkas, 8AT, AWD; dari RM231k; bakal tiba di M’sia?

Auto

2023 Mazda 3 prices revealed in Malaysia – up to RM6k more; from RM149k; updated IPM launching soon?

Auto

MG confirms Malaysian debut coming soon – MG4, ZS EV and Cyberster to form all-electric lineup?

© Copyright © 2017 Bollywoodcharcha