Tyre margins skid on costly rubber, firms mull more price hikes

JK Tyres’ earnings before interest, tax, depreciation and amortization (Ebitda) fell 36% year-on-year to ₹343 crore in the September quarter, while profit after tax fell 73% to ₹60 crore. Ceat saw its Ebitda slip 11% to ₹452 crore and profi