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
Neolite ZKW Positions for Growth as Lighting Becomes a Differentiator
IPO-bound Neolite ZKW is scaling up manufacturing capacity and electronics capabilities as automotive lighting evolves f...
Vinfast in Talks With Battery Makers in India For Localisation
The company is in talks with multiple cell manufacturers in India, including Tata-Gotion.
Gujarat, Maruti Suzuki Formalise Rs 35,000 Crore Investment for Khoraj Plant: ANI
Facility to produce 10 lakh vehicles annually with potential for 12,000 jobs; ceremony attended by Chief Minister Bhupen...




By Autocar Professional Bureau
08 Nov 2023
3687 Views
Kiran Murali
