In the fourth quarter, operting profit margin is seen at 16.7 percent against 16.6 percent while EBITDA may fall 2.3 percent at Rs 506 crore versus Rs 518 crore year-on-year.
AK Bajoria, President and Director, JK Tyre says tyre imports into India amounts to 25-30 percent in the truck/bus radial segment and upto 45 percent in the passenger car space.
In an interview with CNBCTV-18, Arun K Bajoria, Director and President-International Operations, JK Tyre said that he predicts the second half to be better than H1 and that the company should perform better than FY14-15.