The Q4 result was announced after market hours yesterday, 14 May 2015.

Meanwhile, the S&P BSE Sensex was up 50.89 points or 0.19% at 27,256.95.

On BSE, so far 1.71 lakh shares were trading in the counter as against average daily volume of 1.99 lakh shares in the past two weeks.

The stock hit a high of Rs 127.75 and a low of Rs 122.20 so far during the day. The stock had hit a record of Rs 162.95 on 19 December 2014. The stock had hit a 52-week low of Rs 37.44 on 15 May 2014.

JK Tyre & Industries said that focus on widening of sales network, particularly in the rural markets, has helped deeper penetration. All round improvement in operational efficiencies including efforts on power conservation have helped the company perform better.

The expansion of the company's TBR and PCR categories at Chennai Tyre Plant is progressing well as planned, JK Tyre said. Undertaken at an outlay of Rs 1430 crore, the expansion is slated for completion by mid 2015.

JK Tyre & Industries is a leading four-wheeler tyre manufacturer in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments in the four wheeler automobile industry.