NEW DELHI, May 24 (Reuters) - JK Tyre and Industries is looking to acquire a rubber plantation to offset rising input costs, a top official said on Tuesday.
"We are seriously examining this possibility as a business proposition," JK Tyre President Arun Bajoria told reporters.
The company's January-March net profit halved to 130 million rupees on year. (Reporting by Sanjeev Choudhary; Editing by Harish Nambiar)