JK Tyre & Industries' (NSE:JKTYRE, BOM:530007) consolidated attributable profit declined to 1.65 billion Indian rupees in the fiscal first quarter ended June 30, against 2.11 billion rupees a year ago.
Earnings per share contracted to 6.03 rupees compared with 7.69 rupees a year earlier, according to a Friday filing to the Indian stock exchanges by the tire manufacturer.
Revenue from operations in fiscal Q1, however, increased to 38.7 billion rupees from 36.4 billion rupees a year ago.
The company's shares were up nearly 2% in recent trade.
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