Apollo Tyres Ltd reported a consolidated net profit of Rs 315 crore for the first quarter (Q1) ended June 30, up by 11 per cent, compared with Rs 284 crore in the corresponding period last year. Net sales of the company also went up by 16 per cent during the period to Rs 3,285 crore against Rs 2,832 crore in the same quarter last year. While Indian operations clocked a revenue growth of 6 per cent in the first quarter of the current fiscal year compared with the same period last year, European operations’ revenue grew 10 per cent, according to the company.
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Home Technical Articles Apollo Tyres posts profit growth in Q1
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