JK Tyre & Industries Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales were INR 12,740 million against INR 13,780 million a year ago. Operating profit was INR 1,210 million against INR 730 million a year ago. Profit before tax was INR 300 million against loss before tax of INR 370 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 907.6 million against profit of INR 463.9 million a year ago. Net profit was INR 211.4 million against loss of INR 213.1 million a year ago. Basic and diluted earnings per share were INR 5.15 against loss of INR 5.19 a year ago. For the nine months, the company reported net sales of INR 40,010 million against INR 39,730 million a year ago. Operating profit was INR 3,610 million against INR 1,640 million a year ago. Profit before tax was INR 1,030 million against loss before tax of INR 1,140 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,713.0 million against profit of INR 882.9 million a year ago. Net profit was INR 718.4 million against loss of INR 753.4 million a year ago. Basic and diluted earnings per share were INR 17.50 against loss of INR 18.35 a year ago.

JK Tyre & Industries Limited, Board Meeting, Feb 07, 2013. Agenda: To approve the unaudited financial results of the company for the third quarter ended December 31, 2012.

JK Tyre & Industries Limited announced that they will report Q3, 2013 results on Feb 07, 2013