Apollo Tyres consolidated net profit declines 16.11% in the March 2017 quarter

Sales rise 10.15% to Rs 3269.22 crore

Net profit of Apollo Tyres declined 16.11% to Rs 228.24 crore in the quarter ended March 2017 as against Rs 272.06 crore during the previous quarter ended March 2016. Sales rose 10.15% to Rs 3269.22 crore in the quarter ended March 2017 as against Rs 2967.91 crore during the previous quarter ended March 2016.

For the full year,net profit declined 2.13% to Rs 1099.00 crore in the year ended March 2017 as against Rs 1122.96 crore during the previous year ended March 2016. Sales rose 11.27% to Rs 13062.97 crore in the year ended March 2017 as against Rs 11739.89 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3269.222967.91 10 13062.9711739.89 11 OPM %11.3116.67 -14.1316.99 - PBDT395.10491.22 -20 1897.361969.67 -4 PBT258.53370.35 -30 1435.551542.88 -7 NP228.24272.06 -16 1099.001122.96 -2

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