22nd May 2018
Q4 FY ‘18 was a tremendous quarter as far as Indian Tyre Manufacturers and Indian Tyre Sector is concern, thanks to the sinking Raw Material prices (like Natural Rubber and Carbon Black) and robust demand from the automobile manufacturers. As far as numbers are concern, the profits of all the companies (except TVS) were up in the range of 7% to 40%, while the revenues were increased up to 24% for the quarter ended on 31st March 2018. The Common Parameter/s for such Performance for the Sector
