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Apollo Tyres Reports Net Profit of Rs 670 Crores in Nine Months of FY15Maintains profit margins for the period; consolidated net profit impacted by the Rescue Plan of the South African subsidiary | |||||||||||||||||||||||||||||||||||
India
The Board of Directors of Apollo Tyres Ltd. today approved the company’s unaudited results for the 3rd quarter of the financial year 2014-15.
9 months Consolidated Performance Highlights FY2014-15 (April – December) vs FY 2013-14 (April – December)
Cross Currency Reference Chart for Key Financials
* in Q3 of last fiscal, exceptional items of Rs. 112 crores, from one-of non-operational income, were included in the profit
About Apollo Tyres Ltd. Apollo Tyres Ltd is a leading Indian tyre manufacturer. It is built around the core principles of creating stakeholder value through reliability in its products and dependability in its relationships. The company has four manufacturing units in India, three in Africa and one in the Netherlands. Apollo's subsidiary companies are Apollo Tyres Africa Pty Ltd in South Africa and Apollo Vredestein BV in the Netherlands. India, Africa and Europe are the company’s three domestic markets from where products are exported to over 100 countries. In each of the domestic markets the company operates through a vast network of branded, exclusive and multi-product outlets
For detailed results table, click here. |
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Media Contact Details
Rohit Sharan
+91 124 2721000 |
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