Apollo, established in 1972, manufactures automatic bias and radial tyres, and tubes. It has plants in Kochi, Vadodara, Pune, and Chennai. The product profile includes prominent tyre brands in the T&B, light truck, passenger car, and farm vehicle segments in India, catering to both original equipment manufacturers, and the replacement market.
Financial Results:
Apollo Tyres Ltd reported Revenues for Q2FY24 of ₹6,280.00 Crores up from ₹5,956.00 Crore year on year, a rise of 5.44%.
Total Expenses for Q2FY24 of ₹5,613.00 Crores down from ₹5,725.00 Crores year on year, a fall of 1.96%.
Consolidated Net Profit of ₹474.00 Crores up 164.8% from ₹179.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹7.47, up 164.89% from ₹2.82 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.