Apollo Tyres’ Q2 net profit up 8% y/y to USD42 mil. despite low sales
Company benefited from low raw material prices
Apollo Tyres reported an 8.1% year-over-year (y/y) increase in net profit to INR2.8 billion (USD42 million, 30 September 2015) in the second quarter ended 30 September 2015, the company said in a press release.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
