JK Tyre's economy segment did better than Chinese players: Prez

JK Tyre and Industries today reported a consolidated net profit of Rs 110.15 crore for the second quarter ended September 30, 2016.In conversation with CNBC-TV18, AK Bajoria, President & Director of the company, said the company has shown a 5 percent growth. It has achieved reasonable results and going forward he hopes the company does better.He further said they have been requesting the government for imposing some kind of protection from anti-dumping because it is causing serious injury to all the tyre manufactureres in India. He also said that JK Tyre's performance in the economy segment, as compared to chinese tyres, is much better.Watch video for more...