Apollo Tyres’ FY2014/15 net profit drops 2.7% y/y to USD156 million
Company’s performance was affected by sharp drop in sales in South Africa
Apollo Tyres has reported 2.7% year-over-year (y/y) decline in net profit to INR9.78 billion (USD156 million, 31 March 2015) during the financial year ended 31 March 2015, the Indian tire-maker said in a press release.
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