Apollo Tyres’ Q1 net profit down 72% y/y to USD13.6 million

News
Financial results

Net sales down 1% y/y

Apollo Tyres has reported a 72% year-on-year (y/y) decline in its net profit to INR883 million (USD13.6 million as on 30 June 2017) for the first quarter ended 30 June 2017, according to a company press release.

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