Apollo Tyres has reported results for second quarter ended September 30, 2015.
The company has reported 34.51% rise in its net profit at Rs 217.47 crore for the quarter ended September 30, 2015 as compared to Rs 161.67 crore for the same quarter in the previous year. However, the company’s total income has decreased by 0.34% to Rs 2257.47 crore for the quarter under review from Rs 2265.07 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 8.06% rise in its net profit at Rs 278.74 crore for the quarter ended September 30, 2015 as compared to Rs 257.94 crore for the same quarter in the previous year. However, the total income of the company has decreased by 10.38% at Rs 3014.04 crore for quarter under review as compared to Rs 3363.03 crore for the quarter ended September 30, 2014.
