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Apollo Tyres consolidated net profit declines 72.02% in the June 2017 quarter

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Capital Market

Sales decline 1.04% to Rs 3258.09 crore

Net profit of Apollo Tyres declined 72.02% to Rs 88.30 crore in the quarter ended June 2017 as against Rs 315.54 crore during the previous quarter ended June 2016. Sales declined 1.04% to Rs 3258.09 crore in the quarter ended June 2017 as against Rs 3292.23 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales3258.093292.23 -1 OPM %8.3916.37 -PBDT247.96539.66 -54 PBT122.12433.65 -72 NP88.30315.54 -72

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First Published: Aug 05 2017 | 4:56 PM IST

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