The Tieremaker reported a net profit of Rs 302 crore in the previous financial year quarter. Without an extraordinary object, the company said that its net profit is Rs 381 crore.
Income Apollo Tires said in a statement that operating in the quarter increased to Rs 6,561 crore, compared to Rs 6,335 crore in the year ago, Apollo Tires said in a statement.
Indian operations reported continuous increase in revenue, while European operations performed well in challenging circumstances and traditionally, one of their seasonal lower quarters, the couple.
“The results of this quarter focus on concrete execution and profitable development. It is encouraging Indian operations to perform as expected – especially motivated at a strong pace in the aftermarket segment,” said Kanwar, the chairman of the Apollo tire.
Results underline the company’s flexibility Business The ability to create long -term value for models and shareholders, he said. Shares Tyremaker ended at the end of Rs 435.95 at BSE.