21st November 2017
TYRE Sector Q2 – FY 2017-18 was again a disappointing quarter for the tyre manufacturers in India. Click here to see Q1 Results. As far as numbers are concern, the profits of all the companies were down in the range of 16% to 96%, while revenues were almost flat to negative. The Common Parameter/s for such Performance for the Sector is/are - Higher Raw Material prices Positive Sign for the Tyre Sector - Results were an indication of the market that is showing signs of picking
