* Says "steep increase in prices of raw materials without
commensurate increase in selling prices dented margins"
[JK Tyre & Industries Ltd. (JKTIL) today announced Un-audited
results for the Quarter ended June 2017.
Commenting on the results, Dr. Raghupati Singhania, Chairman &
Managing Director said, "we are indeed passing through
challenging times. The raw material costs increased by about
30% over the corresponding quarter. Such steep increase in
prices of raw materials with