Apollo Tyres consolidated net profit declines 60.51% in the March 2022 quarter

Sales rise 11.00% to Rs 5578.32 crore

Net profit of Apollo Tyres declined 60.51% to Rs 113.45 crore in the quarter ended March 2022 as against Rs 287.27 crore during the previous quarter ended March 2021. Sales rose 11.00% to Rs 5578.32 crore in the quarter ended March 2022 as against Rs 5025.70 crore during the previous quarter ended March 2021.

For the full year,net profit rose 82.35% to Rs 638.60 crore in the year ended March 2022 as against Rs 350.21 crore during the previous year ended March 2021. Sales rose 20.41% to Rs 20947.58 crore in the year ended March 2022 as against Rs 17397.00 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales5578.325025.70 11 20947.5817397.00 20 OPM %11.2316.21 -12.2916.08 - PBDT535.53772.36 -31 2253.262483.91 -9 PBT160.19424.66 -62 853.581168.96 -27 NP113.45287.27 -61 638.60350.21 82

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