Apollo Tyres standalone net profit declines 22.22% in the March 2017 quarter

Sales rise 9.09% to Rs 2327.45 crore

Net profit of Apollo Tyres declined 22.22% to Rs 176.29 crore in the quarter ended March 2017 as against Rs 226.64 crore during the previous quarter ended March 2016. Sales rose 9.09% to Rs 2327.45 crore in the quarter ended March 2017 as against Rs 2133.45 crore during the previous quarter ended March 2016.

For the full year,net profit declined 19.90% to Rs 802.76 crore in the year ended March 2017 as against Rs 1002.15 crore during the previous year ended March 2016. Sales rose 1.94% to Rs 8816.70 crore in the year ended March 2017 as against Rs 8648.51 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2327.452133.45 9 8816.708648.51 2 OPM %11.8918.65 -15.0518.11 - PBDT302.41396.66 -24 1373.831679.67 -18 PBT209.30328.50 -36 1085.631414.53 -23 NP176.29226.64 -22 802.761002.15 -20

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