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Apollo Tyres standalone net profit declines 85.33% in the December 2021 quarter

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Capital Market

Sales rise 10.90% to Rs 3791.70 crore

Net profit of Apollo Tyres declined 85.33% to Rs 49.19 crore in the quarter ended December 2021 as against Rs 335.40 crore during the previous quarter ended December 2020. Sales rose 10.90% to Rs 3791.70 crore in the quarter ended December 2021 as against Rs 3419.03 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales3791.703419.03 11 OPM %9.1021.43 -PBDT268.94665.60 -60 PBT66.27488.65 -86 NP49.19335.40 -85

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First Published: Feb 03 2022 | 8:15 AM IST

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