JK Tyre & Industries on Friday reported an over four-fold rise in consolidated net profit at Rs 158.59 crore for the first quarter ended June 30, 2023. The company had posted a consolidated net profit of Rs 35.13 crore for the same period of the last fiscal, JK Tyre & Industries said in a regulatory filing. Revenue from operations was at Rs 3,718.08 crore as compared to Rs 3,643.03 crore in the year-ago quarter, it added.
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