JK Tyres to declare its Q3 results today

NEW DELHI:

JK Tyres

is likely to submit its performance report for the quarter ended December 2019 today i.e. Thursday, January 30.

Driven by gains from deferred tax liability, the company reported over three-fold jump in consolidated net profit to Rs 167.70 crore in the September quarter.

With its share quoting at Rs 82.55 (NSE) and Rs 82.40 (BSE) at 10:43 am on Thursday, January 30, it would be interesting to see how JK Tyres has earned in the third quarter of 2020.

Moreover, in the future, the company will show an improvement in profitability with increased volumes.

Below mentioned is a graphical presentation of three months performance of JK Tyres in both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange):

NSE Performance:

BSE Performance:

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