 "Apollo tyres")
Apollo Tyres on Wednesday reported a consolidated net loss of Rs 135 crore for the first quarter ended June 30, hit by lower sales due to coronavirus pandemic.
The tyre maker had reported a net profit of Rs 142 crore in the April-June last fiscal.
Net sales during the quarter under review declined to Rs 2,828 crore, from Rs 4,272 crore in the year-ago period, Apollo Tyres said in a statement.
"While the first half of the first quarter was almost a complete washout, our performance has been excellent since the markets opened up, especially in the replacement market.
"While
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