JK Tyre & Industries announced that CARE Ratings has reaffirmed the long-term ratings of the Company at CARE A+ and revised the short-term ratings to CARE A1 + from CARE A1. The outlook has however been revised from Stable to Positive. Powered by Capital Market - Live News

JK Tyre & Industries announced that the Board of Directors of the Company at its meeting held on 6 February 2024, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of JK Tyre & Industries rose 236.82% to Rs 220.92 crore in the quarter ended December 2023 as against Rs 65.59 crore during the previous quarter ended December 2022. Sales rose 2.07% to Rs 3687.72 crore in the quarter ended December 2023 as against Rs 3612.92 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales3687.723612.92 2 OPM %14.929.39 - PBDT455.92228.46 100 PBT345.02126.86 172 NP220.9265.59 237 Powered by Capital Market - Live News

JK Tyre & Industries will hold a meeting of the Board of Directors of the Company on 6 February 2024. The meeting would commence at 4.00 P.M.Powered by Capital Market - Live News

JK Tyre & Industries has successfully concluded its fund raising plans of Rs 500 crore by way of qualified institutional placement (QIP). The QIP was priced at Rs.345 per share (including a premium of Rs.343 per share with face value of Rs.2 per share)Powered by Capital Market - Live News