JK Tyre & Industries Limited announced unaudited consolidated and standalone earnings results for the fourth quarter and audited consolidated and standalone earnings results for the full year ended March 31, 2017. For the quarter, the consolidated company reported gross sales of INR 22,881.3 million against INR 18,916.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,280 million against INR 2,131.3 million a year ago. Profit from ordinary activities before tax was INR 1,112.5 million against INR 1,557.8 million a year ago. Net profit for the period was INR 920.3 million against INR 1,223 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 3.91 against diluted earnings per share before and after extraordinary items of INR 5.44 a year ago. For the year, the consolidated company reported gross sales of INR 80,875 million against INR 75,076 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 8,410.9 million against INR 9,004.8 million a year ago. Profit from ordinary activities before tax was INR 5,352.4 million against INR 6,595.1 million a year ago. Net profit for the period was INR 3,798.2 million against INR 4,567.9 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 16.55 against diluted earnings per share before and after extraordinary items of INR 20.60 a year ago. EBITDA was INR 11,980 million. For the quarter, the standalone company reported gross sales of INR 17,719.2 million against INR 16,432.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 433.5 million against INR 1,898.2 million a year ago. Profit from ordinary activities before tax was INR 719 million against INR 1,367.7 million a year ago. Net profit for the period was INR 710.1 million against INR 1,056.3 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 3.13 against basic and diluted earnings per share before and after extraordinary items of INR 4.66 a year ago. For the year, the standalone company reported gross sales of INR 65,389.1 million against INR 64,425 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5,623.8 million against INR 8,271.5 million a year ago. Profit from ordinary activities before tax was INR 4,597 million against INR 6,008 million a year ago. Net profit for the period was INR 3,321.3 million against INR 4,224.9 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 14.64 against INR 18.72 a year ago.