Apollo Tyres consolidated net profit declines 20.27% in the March 2016 quarter

Sales decline 5.35% to Rs 2966.12 crore

Net profit of Apollo Tyres declined 20.27% to Rs 245.16 crore in the quarter ended March 2016 as against Rs 307.48 crore during the previous quarter ended March 2015. Sales declined 5.35% to Rs 2966.12 crore in the quarter ended March 2016 as against Rs 3133.93 crore during the previous quarter ended March 2015.

For the full year,net profit rose 11.81% to Rs 1093.02 crore in the year ended March 2016 as against Rs 977.61 crore during the previous year ended March 2015. Sales declined 8.00% to Rs 11707.80 crore in the year ended March 2016 as against Rs 12725.70 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2966.123133.93 -5 11707.8012725.70 -8 OPM %16.0916.49 -16.8115.17 - PBDT473.17477.19 -1 1946.721801.61 8 PBT350.40389.57 -10 1522.831413.32 8 NP245.16307.48 -20 1093.02977.61 12

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