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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.
By Autocar Professional Bureau
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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.
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