JK Tyre and Industries reported a mixed set of second quarter earnings on Thursday. The company's net profit rose 54 percent while revenues declined 3.5 percent
In an interview with CNBCTV-18, Arun K Bajoria, Director and President-International Operations, JK Tyre said the second half of the year was likely to do better than the first half and that the company should perform better than it did in FY15.
However, he said that the absence of any anti-dumping duty or safeguard duty has allowed China to flood the market, and was hurting Indian radial manufacturers.Watch video for more.
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