Hot Pursuit     24-Nov-20
JK Tyre rises after tie up with Kia Motors India
JK Tyre & Industries rose 1.43% to Rs 81.85 after the company announced a tie-up with Kia Motors India as a tyre partner for their highest selling model Seltos.
The tyre maker said it will provide its UX Royale 215/60 R17 radial tyre to Kia Seltos.

Commenting on the partnership, V K Misra, technical director, JK Tyre and Industries said, “Through this collaboration, we endeavour to provide the highest quality tyres with innovative features to complement the drive experience for the customer. We are keenly optimistic that this association will further strengthen our market presence and we look forward to a continued and reinforced partnership with Kia Motors.”

JK Tyre's consolidated net profit dropped 35.4% to Rs 108.91 crore on 5.6% increase in net sales to Rs 2,274.84 crore in Q2 September 2020 over Q2 September 2019.

JK Tyre & Industries manufactures a wide range of automobile tires, tubes and flaps. The company also operates a chain of tire outlets across the country which sell the company's tires in addition to providing a range of automotive services, including wheel alignment and tire changing.

Previous News
  JK Tyre & Industries receives upgrade in long term ratings
 ( Corporate News - 19-Jun-23   14:00 )
  Board of JK Tyre & Industries appoints director
 ( Corporate News - 21-May-24   18:29 )
  Sundaram Clayton Ltd leads losers in 'A' group
 ( Hot Pursuit - 24-Mar-23   15:00 )
  JK Tyre & Industries receives revision in credit ratings from CARE
 ( Corporate News - 15-Mar-24   15:37 )
  JK Tyre & Industries consolidated net profit declines 19.69% in the June 2022 quarter
 ( Results - Announcements 09-Aug-22   08:12 )
  JK Tyre & Industries reports consolidated net loss of Rs 47.20 crore in the March 2020 quarter
 ( Results - Announcements 16-Jun-20   09:53 )
  JK Tyre & Industries receives upgrade in credit ratings from CARE
 ( Corporate News - 13-Sep-23   17:54 )
  Board of JK Tyre & Industries appoints MD
 ( Corporate News - 22-Oct-20   09:57 )
  Board of JK Tyre & Industries recommends Final Dividend
 ( Corporate News - 16-Jun-20   09:39 )
  JK Tyre & Industries consolidated net profit rises 10.20% in the March 2016 quarter
 ( Results - Announcements 17-May-16   10:36 )
  JK Tyre & Industries consolidated net profit declines 76.90% in the March 2019 quarter
 ( Results - Announcements 17-May-19   16:30 )
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