Jk tyre has announced quarterly result of march their net profit quarter on quarter went to down 501.71% and net profit year on year went to down 230.92%.
Net profit margin quarter on quarter went to down -2.60% from 0.50% it was in dec-2019. Net sales decreased to -18.41% in quarterly and net sales decreased to -33.67% in yearly. Depreciation increased to 10.24% in quarterly and it increased to 28.52% in quarterly.
|No. of Mths||3||3||3||3||3||Quarter On Quarter %||Year On Year %|
|Net Sales||Rs m||27,059||25,754||21,550||21,998||17,948||-18.41||-33.67|
|Other income||Rs m||101||61||67||73||83||13.70||-17.82|
|Gross profit||Rs m||2,582||2,443||2,461||2,450||1,463||-40.29||-43.34|
|Profit before tax||Rs m||472||207||216||233||-824||-453.65||-274.58|
|Profit after tax||Rs m||359||157||1,686||117||-470||-501.71||-230.92|
|Gross profit margin||%||9.5||9.5||11.4||11.1||8.2|
|Effective tax rate||%||23.9||24.2||-679.6||50||43|
|Net profit margin||%||1.3||0.6||7.8||0.5||-2.6|