Apollo Tyres Ltd, the tyremaker partly owned by France's Michelin &amp; Cie, said that fourth-quarter net profit rose 39% as surging automobile demand in the country lifted tire sales.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Net profit in the three months ended March 31 rose to Rs 59.27 crore, or Rs 1.23 a share, from Rs 42.72 crore, or Rs 0.96, a year earlier, the company said. Sales in the quarter rose 10% to Rs 1,000 crore, Apollo Tyres said. </P></p></table>


Apollo Tyres Ltd, the tyremaker partly owned by France's Michelin & Cie, said that fourth-quarter net profit rose 39% as surging automobile demand in the country lifted tire sales.

Apollo Tyres` Q4 net jumps 39%

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