Apollo Tyres’ Q1 net up 27.5% to USD45 million on falling input costs

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Financial results

Indian tire-maker to raise USD311 million to fund capacity expansion

Apollo Tyres has reported 27.5% y/y increase in net profit to INR2.9 billion (USD45.2 million, 30 June 2015) in first quarter ended 30 June 2015, the Indian tire-maker said in a filing to the Bombay Stock Exchange (BSE).

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