Apollo Tyres Q2 Results: Net profit rises 164% to Rs 474 crore
The company's revenue from operations in Q2FY24 stood at Rs 6,280 crore, higher by 5% as compared to Rs 5,956 crore, in the year-ago period.
Apollo Tyres posted a consolidated net profit of Rs 474 crore for Q2 FY24, translating to a 164% rise, as compared to the Rs 179 crore reported in the same period a year ago.
The company's revenue from operations in Q2FY24 stood at Rs 6,280 crore, higher by 5% as compared to Rs 5,956 crore, in the year-ago period.
Total income was at Rs 6,305 crore, higher by 5.7% as compared to Rs 5,963 crore in the year-ago period.
RELATED ARTICLES
Belrise Industries Board Approves Plan to Raise Rs 2,000 Crore Through QIP
The capital will be raised via equity shares or equity linked instruments subject to necessary regulatory and shareholde...
LTM Offers To Buy Randstad’s €469 Million Tech Consulting Business
The proposed acquisition covers Randstad’s technology and consulting services business across France, Germany, Belgium, ...
MG India Commences Production of Majestor SUV at Halol Facility
Pre-bookings for the premium SUV have also been opened for customers.


By Autocar Professional Bureau
08 Nov 2023
3847 Views
