ICICI Securities Ltd | Retail Equity Research JK Tyres' (JKTIL) consolidated revenues were at | 1,918 crore (up 6.8% YoY). Gross revenues from India increased 7.2% YoY to | 1,906 crore while revenues from Mexico grew 6.4% YoY to | 309 crore. Other operating income came in higher (| 113 crore vs. | 19 crore YoY) due to a reversal in provision made due to CIL acquisition EBITDA margins expanded 284 bps YoY & 9 bps QoQ to 20.1% vs. our estimate of 15.7%. JKTIL posted higher interest expense (up...